Friday, January 23, 2009

Good Morning ..........!!!

Today Nifty spot will be in a range of 2638,2666,2680,2725,2745,2775****

Nifty after trading whole day in a narrow range, took support at lower levels & closed almost flat. Levels intact as yesterday, India's premiere company RIL results were better than expected, Bharti reported a good Q3 results .

US market dipped 2%. Asian market trading down 1%-2%. Expect flat/negative opening with 10 points on nifty. We may bounce from lows if 2660 level is hold. Weak Link: Real Estate & Steel Sector. Strong Link: PSU Banks.

Singapore Nifty Flat, Friday effect(Monday is closed) and most notable thing is SINGAPORE FEB NIFTY remarkable up by 250 points with Volume - all this is confusing........ take care and trade with full care...!!

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