The index is trading at a P/E of over 19 times. After trading in the range of 15,100-16,000 during the period between the middle of July and September 7, 2009, the BSE Sensex has finally crossed and closed above the upper band. Not only has the Sensex doubled from its multi-year lows (on…
Above 4586, Nifty could head towards 4650-4675:FinQuest Sec
Posted on: June 4th 2009 in Market Outlook.
According to FinQuest Securities’ report, above 4586, Nifty could head towards 4650-4675 levels for the day and towards 4800 incoming days where as a breach of low at 4450 would lead to a fall towards 4370 for the day and towards 4300/4200 in coming days. FinQuest Securities’…
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