In our view Nse index for Tuesday,February 23,2010 market will face Resistance at 4871,4897. and major supports are 4830,4805 . Trade zone is 4821-4872,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.
major support to the bazar 4821 and 4840.
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NSE index High 4912.05,Low 4845.00 Close 4856.40 on 22/02/10(Monday).
Market will be range-bound.
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Tuesday, February 23, 2010
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