Tuesday, December 23, 2008

Market View.. Dec23,2008

Good Morning....!!
Nifty (Fut) Levels:
Resistance: 3078 - 3105 - 3122
Supports: 3005 - 2978 - 2956

Nifty looks weak for the trading session as the global markets are reflecting terrible weakness. The 3122 acts as a great resistance as said the earlier commentary.

We can hold up or stay strong for some time with the expectation of the FISCAL STIMULAS PACKAGE to be announced by the Government of India.

We have a good support at 2980 on Nifty for the day....!!

Please watch this support and trade accordingly...

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