Good Morning:...
Nifty:
Resistance 2725/2760/2799
Support 2690/2660/2620
Nifty crashed in last hour after trading maximum time in narrow range yesterday. Nifty should hold 2690 to stay in a range bound momentum. Today's nifty might see a gap up opening of 25 points, then again followed by volatile session as day progresses. The important level (Nifty spot) would be 2690/2660 on downside & 2760 on upside.
US Market closed in deep green. Asian Market trading mixed. As we have been sayingg from few days, Real Estate sector looks weak & its been cracking daily. Still Avoid.
Covering all the Daily Updates From The Indian Stock Market To Help You In Investing To Get Maximum Gains.
Thursday, January 22, 2009
Wednesday, January 21, 2009
Intraday levels and calls
Nifty Futures Jan-09 Pivot - 2768
Res - 2799 - 2822 - 2853
Sup - 2745 - 2714 - 2692
Bank Nifty Futures Jan-09 Pivot - 4408
Res - 4472 - 4543 - 4607
Sup - 4337 - 4273 - 4202
Satyamcomp, Buy below 27 (Sl) 24.50 target 28.7 >> 30
Res - 2799 - 2822 - 2853
Sup - 2745 - 2714 - 2692
Bank Nifty Futures Jan-09 Pivot - 4408
Res - 4472 - 4543 - 4607
Sup - 4337 - 4273 - 4202
Satyamcomp, Buy below 27 (Sl) 24.50 target 28.7 >> 30
Market View - 21Jan,2009
Good Morning...!!!
Nifty:
Resistance 2770/2799/2820
Support 2725/2690/2660
After a choppy session, yesterday we manage to close above the day's Lowson NIFTY spot. Every body expected some exceptional good announcements form the 44th President of US.
The First speach didnot do any miracle to the US markets which managed to close 4% on the downside as a cause of no good anouncements and the concerns of the Royal Bank Of Scotland.
The crash in the Us markets is followed by the downside in the ASIAN indices. Asia is trading in -ve mode and we may also expect a gap down opening of around 45-50 points and therefter stay weak. We may see some buying at the days lower levels 2725/2690 (Spot) if held on closing. basis.
Nifty:
Resistance 2770/2799/2820
Support 2725/2690/2660
After a choppy session, yesterday we manage to close above the day's Lowson NIFTY spot. Every body expected some exceptional good announcements form the 44th President of US.
The First speach didnot do any miracle to the US markets which managed to close 4% on the downside as a cause of no good anouncements and the concerns of the Royal Bank Of Scotland.
The crash in the Us markets is followed by the downside in the ASIAN indices. Asia is trading in -ve mode and we may also expect a gap down opening of around 45-50 points and therefter stay weak. We may see some buying at the days lower levels 2725/2690 (Spot) if held on closing. basis.
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