Friday, March 20, 2009

Market Opening Range & Support

Today Expect Negative Opening
Volatility will kill the Market today
NIFTY breaking below 2801
Can fall up to
2784 - 2779 - 2771. Below 2770?
It will be free fall up to
2757 - 2738. Below 2735?
Just Exit all your longs
On the Higher Side
"Strong Resistance for NIFTY is @ 2835"
Nifty crossing above 2811
will move up towards
2821 - 2835. Above 2837?
Will fly to hit
2847 - 2859
Go short at this level with SL above 2861 on closing basis
If on closing basis NIFTY cross 2861 expect 2960 soon

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