In our view Nse index for Wednesday, February 17,2010 market will face Resistance at 4880,4895 and major supports 4827. Trade zone is 4827-4864,trade zone means major trading area.
ON Wednesday 10/2/2010, we written in our post that market will touch 4841 very soon the target has achieved on Thursday(11/2). On Monday(15/2) we written in our blog that for the week NSE index will face resistance between 4840-4878,this is hit on 16/2, closing above 4880 market will touch 4910,4973 with short time.
Minus position only closing below 4801 or on resistance .
NSE index High 4880.00,Low 4791.35 Close 4855.00 on 16/02/10(Tuesday).
Market will be range-bound.
If you have any quarries feel free to contact us via mail : futuretip@gmail.com
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Tuesday, February 16, 2010
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