NSE TIPS: NSE Index Tips For 29/01/10

in our view Nse index for Friday ,January29,2010 will face first resistance at 4874 and the support between 4804 - 4818. Our recommended trade zone is 4804-4874,trade zone means major trading area. If market shows closings below 4804 then next supports are 4722 ,4628.

NSE index High 4929.90,Low 4824.95,Close 4867.25 on 28/01/10(Thursday).

If market shows a closing above 4910 then only we suggest you buying and target upto 5000.

Market is waiting for credit policy announcement which will be announced Today.

in our advice any long position should be taken on Monday.

Market will be volatile.As we feel Indian economy is growing and intact,nothing is wrong with that. So there is no need to panic if you are long term investors.

If you have any quarries feel free to contact us via mail :futuretip@gmail.com

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