December 01, 2008

Intraday View For 01/12/08

Nifty: Resistance 2770/2790/2830/2854
Support 2722/2699/2660

View: Nifty closed in green on friday despite attack on Mumbai.
Again Nifty will face stiff resistance @ 2830. Crossover & sustaining of this level may lead rally upto 3030-3250 in coming days.
Today we may start day with flat. Intraday strong support at 2699.
We may witness a volatile session today.
Stock watch: RIL nearing resistance of 1190/1220. Crossing & sustaining of this level with volumes, will make Bears commit suicide.

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