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Nifty may rally up to 2810-2843: Angel

Posted on: February 19th, 2009 and is filed under Brokerage Recommendations.

According to Angel Broking’s Market Outlook report, if Nifty trades above 2773 during the first half-an-hour of trade then it may witness a further rally up to 2810-2843.

Angel Broking’s Market Outlook report:

The trend deciding level for the day is 9017/2773. NIFTY trades above this level during the first half-an-hour of trade then we may witness a further rally up to 9112–9209/2810-2843. However, if NIFTY trades below 9017/2773 for the first half-an-hour of trade then it may correct up to 8920-8826/2740-2703.

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