Aug 3, 2011

Nifty Premarket View 04.08.2011

Option Reading Index for today is (+) 0.22 rise from last trading figure (-) 2.07 suggests mild selling pressure. For Nifty weekly view, click here
Will be out of station till 19.08.2011. Will try to update whenever it is possible.
 

 

2 comments:

manu said...

prabhu..

fundamental base also gone 4950 is taken..

sriganeshh said...

manu,

read my earlier post II on PE
link is http://o-j-n.blogspot.com/2011/06/nifty-pe-maya-continues.html

it was a possibility in case of downgrading of earnings per share which is playing out now. Now global investor sentiments is very badly affected which results in money shifting to safe investment avenues...which is quite natural phenomenon.

I am still of the view probably we are nearing bottom and it is time to pick fundamentally strong stocks with domestic theme for good returns..