The party will get over below the obvious support of 4920-4950, watch out for these support levels very closely

After the eventful weekend full of news starting from extended market timings to DowJones falling over hundred points to SEBI warning exchanges of terror funding activities( to India loosing to Australia :( in a cliff hanger ), its time to analyze markets for the next week

Nifty View:



Stock View: Raymond stock needs to bounce back from crucial trendline support levels to
remain in a channel which it is maintaining since June 2009



Stock View: ExcelInfo
Though not much trading data is available for the above given stock but a falling
wedge pattern is seen in this stock, so buy it with caution & only for risky players



Will give a detailed update during this week on what will be the effect of extended market trading hours


Have a nice trading day!

Regards

Ankit