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) I think this support will break today, heavy fall is expected.
in our view Nse index for Friday, February 5,2010 will face Resistance at 4850. and supports 4808,4755 and 4702. Trade zone is 4850-4755,trade zone means major trading area. NSE index High 4931.30,Low 4832.35Close 4845.35on 4/02/10(Thursday).
fresh buying suggested above 4950 on 4/02/2010 market could not move above this level ,so market is expected to fall up-to 4528 in the coming days.
Market can be volatile.
Market can be volatile.
If you have any quarries feel free to contact us via mail : futuretip@gmail.com
post comments .
No comments:
Post a Comment