In the month of February NSE index has good support from 4804-4825 for the whole month closing below 4804 then only took minus position in nifty (posted on 1/2/10)
in our view Nse index for Thursday, February 4,2010 will face Resistance at 4973. and supports 4903,4875,4858. Trade zone is 4947-4875,trade zone means major trading area. NSE index High 4949.15,Low 4831.00Close 4931.85 on 3/02/10(Wednesday).
fresh buying suggested only above 4950.
Market can be volatile.
Market can be volatile.
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