Monday, March 1, 2010

NSE tip for March 2,2010

In our view  Budget is high inflationary so NSE index for  Tuesday,March 2,2010  will face Resistance at 4954,4980,5024 and major supports 4856,4830. Trade zone is 4924-4856,trade zone means major trading area.

Don't buy anything till market closes above 5000.

NSE index
 High 4992.00,Low 4858.45 Close 4922.30 on 26/02/10(Friday).
Market will be very volatile. If NSE index close below 4830 then market will drag up-to 4550 in coming days,be cautious.  


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