RelInfra & Educomp looking good for Intraday swing movements.
Acumulation seen in TATA STEEL, Buy cash & Future around 205- 207 stop-loss below 200 can move to intraday highs till 212 / 217...
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Monday, January 19, 2009
Market View For 19/01/09
Intraday Nifty:
Resistance 2856/2880/2913
Support 2799/2770/2725
We may oprn positive on the nifty as the global indices are standing strong.we may witness little volatility in noon session
Nifty closed exactly at resistance zone of 2828. For today watch out for 2856 as resistance. Further moving on upside, Nifty needs to breach 2910 (closing basis), to make fresh upmove and stay strong.
Resistance 2856/2880/2913
Support 2799/2770/2725
We may oprn positive on the nifty as the global indices are standing strong.we may witness little volatility in noon session
Nifty closed exactly at resistance zone of 2828. For today watch out for 2856 as resistance. Further moving on upside, Nifty needs to breach 2910 (closing basis), to make fresh upmove and stay strong.
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