In our view Nse index for Wednesday,February 24,2010 market will face Resistance at 4891,4911. and supports are 4852,4832 . Trade zone is 4884-4832,trade zone means major trading area.
Have you seen NSE has turned from our support mentioned on 23,Feb2010
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 NSE 4802 and 4832.
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NSE index High 4884.10,Low 4833.15 Close 4870.05 on 23/02/10(Tuesday).
Market will be range-bound.
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Tuesday, February 23, 2010
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