In our view Nse index for Friday,February 19,2010 market will face Resistance at 4894,4907,4915,4942. and major supports 4863. Trade zone is 4894-4843,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 below 4850 market will be in negative trend.
Minus position only closing below 4843 or on resistance .
NSE index High 4922.05,Low 4873.70 Close 4887.75 on 18/02/10(Thursday).
Market will be range-bound.
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Friday, February 19, 2010
NSE Index Tips For 19/02/10 Friday
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