Market forecast for 22-12-08




In the last week nifty had a good move from its low level, But RELIANCE has not move like nifty so you can see DOJI in the weekly chart of RIL this can move the market down in the coming days. One more thing is SBI created a shooting star bearish in the last trading day this also an indicator for down direction.

So we can go long if RIL and SBI Breaks the Last week high other wise be in Bear mkt side .