Monday, March 23, 2009

Nifty Opening & Support

Today Expect Positive Opening
"Strong Resistance for NIFTY is @ 2870"

Nifty crossing above 2811

will move up towards

2819 - 2830. Above 2832?

Will fly to hit

2847 - 2850. Above 2852?

2860 - 2869

Go short at this level with SL above 2871 on closing basis

If on closing basis NIFTY cross 2871 expect 2960 soon

On the Lower Side

"NIFTY got multiple supports in small gaps. Markets will turn choppy if we trade negative"

NIFTY breaking below 2802

Can fall up to

2795 - 2784 - 2774. Below 2770?

It can move down up to

2764 - 2753 - 2739. Below 2735?

Just Exit all your longs

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