in our view Nse index for Tuesday, February 9,2010 market will face Resistance at 4691. and major supports 4644,4702 and 4686. Trade zone is 4761-4695,trade zone means major trading area.
as you have seen yesterday low was 4675.40 our last support was 4676 as index has taken u-turn from the last support and taken 100 point from this support.
NSE index High 4799.05,Low 4675.40 Close 4760.40 on 8/02/10(Monday).
fresh buying suggested above 4825. As we posted on 1st Feb 4804-4825 market has broken support area expected to fall up-to 4580,4610 in the coming days.
Market can be volatile.
If you have any quarries feel free to contact us via mail : futuretip@gmail.com
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Tuesday, February 9, 2010
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