BUY MCDOWELL-N @568 with sl 555 for an upper side 585 >>596
BUY CAIRN @ 159 sl 154 tgt 164 >> 169
Nifty Futures feb-09 Pivot - 2777
Res 1 - 2816Res 2 - 2862Res 3 - 2901
Sup 1 - 2731Sup 2 - 2692Sup 3 - 2647
Bank Nifty Futures feb-09 Pivot - 4241
Res 1 - 4323Res 2 - 4411Res 3 - 4494
Sup 1 - 4152Sup 2 - 4070Sup 3 - 3982
Covering all the Daily Updates From The Indian Stock Market To Help You In Investing To Get Maximum Gains.
Wednesday, February 04, 2009
Market View
GOOD MORNING.......!!!
NIFTY LEVELS FOR THE DAY:
Resistance : 2835 - 2870 - 2905
Support : 2790 - 2755 - 2720
Nifty managed to close positive after a very choppy session the day long. only the major Indian indices managed to close positive the rest junior and sectoral indices closed in RED.
US indices advanced in the later part of the day;s trade with the better perfomance of the AUTo sector and better than expected housing data.
On the news ASIAN indices rallied in the morning trade..... We may expect a gap up opening of around 25-35 points on the NIFTY and gain more in the later part of trade... we may face good resistance at 2835 - 2870 levels on spot nifty. on the lower side we may have a suport at 2790 -2755 levels.
Please watch the levels closely and trade accordingly.
NIFTY LEVELS FOR THE DAY:
Resistance : 2835 - 2870 - 2905
Support : 2790 - 2755 - 2720
Nifty managed to close positive after a very choppy session the day long. only the major Indian indices managed to close positive the rest junior and sectoral indices closed in RED.
US indices advanced in the later part of the day;s trade with the better perfomance of the AUTo sector and better than expected housing data.
On the news ASIAN indices rallied in the morning trade..... We may expect a gap up opening of around 25-35 points on the NIFTY and gain more in the later part of trade... we may face good resistance at 2835 - 2870 levels on spot nifty. on the lower side we may have a suport at 2790 -2755 levels.
Please watch the levels closely and trade accordingly.
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