Covering all the Daily Updates From The Indian Stock Market To Help You In Investing To Get Maximum Gains.
Friday, January 30, 2009
Market View
Good Morning ....!!
Nifty:
Resistance 2850/2880/2928
Support 2807/2770/2756/2725
Nifty witnessed a down side on last day of settlement of January. Nifty faced resistance yesterday at our given area of 2880 (high made 2873).Today watchout for 2770 on downside as strong support. Break below this level, with volumes, may drift Nifty towards 2750/2725 zone.
Dow Jones Closed -2.7% , Nasdaq - 3.24%Asian Mkt trading -1%/-2%.Expect a gap down with -30/-40 pts on Nifty.
If markets show recovery later during the day, buy: Jaiprakash Associates
Nifty:
Resistance 2850/2880/2928
Support 2807/2770/2756/2725
Nifty witnessed a down side on last day of settlement of January. Nifty faced resistance yesterday at our given area of 2880 (high made 2873).Today watchout for 2770 on downside as strong support. Break below this level, with volumes, may drift Nifty towards 2750/2725 zone.
Dow Jones Closed -2.7% , Nasdaq - 3.24%Asian Mkt trading -1%/-2%.Expect a gap down with -30/-40 pts on Nifty.
If markets show recovery later during the day, buy: Jaiprakash Associates
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