Good Morning ......!!!
Nifty:
Resistance 2842/2865/2899
Support 2799/2770/2725
Today Nifty may open in a negitive note mostly down by 30pts, as all the Asian indices are showing a weakness and are trading negitive. We may expect the same market trend, as has been experienced in the last two trading sessions. The 2770 and 2865 on NIFTY spot are a good support and resistance levels for the market to trade in a range for the day.
If sentiments get strong as a result fo the Pre market rally of the OBAMA effect we may touch 2899 on nifty.
Stay strong on the said levels and trade accordingly.
TODAY AVOID REALITY SECTOR........!!!
HAPPY TRADING ...........!!!
Tuesday, January 20, 2009
Monday, January 19, 2009
Intraday trends and signals
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...
Acumulation seen in TATA STEEL, Buy cash & Future around 205- 207 stop-loss below 200 can move to intraday highs till 212 / 217...
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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