Positional CALL:
BUY JPASSOCIAT @ 73 sl 70.50 tgt 76 >> 79
Acumulation Seen in CANARA BANK:- BUY @ 184 stop-loss 178 traget 189 / 195
Covering all the Daily Updates From The Indian Stock Market To Help You In Investing To Get Maximum Gains.
Monday, February 02, 2009
Market View
Good Morning .....!!
Nifty Spot Levels for the day:
2931,2869,2851,2835,2802,2778,2748***
On Friday we experienced an accumulating bounce back of the market ... it surpassed the crutial support of 2850. 2925 should offer good resistance to upside movements. Shorter may keep it as SL for their positions. Closing above 2930 will take Nifty towards for some good upswing lead by short covering.
The Us markets crashed around 2-3% on friday's close. likewise Asia opened mixed.
We may expect a gap down opening of 10-20 points on th e NIFTY and there fater face downside for some time till the nifty finds support at 2835 and 2802 levels ... on the lower side and NIFTY will face resistance at 2905 and 2930 levels.
Please keep a track of the supports and trade cautiously today
Nifty Spot Levels for the day:
2931,2869,2851,2835,2802,2778,2748***
On Friday we experienced an accumulating bounce back of the market ... it surpassed the crutial support of 2850. 2925 should offer good resistance to upside movements. Shorter may keep it as SL for their positions. Closing above 2930 will take Nifty towards for some good upswing lead by short covering.
The Us markets crashed around 2-3% on friday's close. likewise Asia opened mixed.
We may expect a gap down opening of 10-20 points on th e NIFTY and there fater face downside for some time till the nifty finds support at 2835 and 2802 levels ... on the lower side and NIFTY will face resistance at 2905 and 2930 levels.
Please keep a track of the supports and trade cautiously today
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