Credit policy has been declared which has shown our GDP is expected good.
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 .
in our view Nse index for Monday , February 1,2010 will face first support at 4850 and resistance 4915,4964 . Our recommended trade zone is 4850-4915,trade zone means major trading area. NSE index High 4893.70,Low 4766.00,Close 4882.05 on 29/01/10(Friday).
In our advice any long position should be taken on Monday with the S/L 4850..
In our advice any long position should be taken on Monday with the S/L 4850..
Market will be volatile.As we feel Indian economy is growing and intact,nothing is wrong with that. So there is no need to panic if you are long term investors.
If you have any quarries feel free to contact us via mail : futuretip@gmail.com
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