November 06, 2008

Intraday View For 06/11/08

Nifty: Resistance 3030/3054/3130/3170
Supports 2970/2925/2880/2868/2790/2750/2668

View: Nifty corrected 7%(approx), from our given resistance area & hence proving our cauitous view correct. After weak global market, we may open gap down & will first find support at 2880 zone. Below it 2790 / 2668 will offer good support. So one may see a bounce from this area.
Asian Market trading lower by 4-5%.
Dow Jones too closed down over 5%.
Yesterday Reccomended Nifty 2600 pe @ 35 to all SMSGUPSHUP Group... Closed 85+ :)



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