February 02, 2009

Intraday View For 02/02/09

Nifty: Resistance 2882/2925/2956
Support 2850/2821/2799/2770

Nifty rallied from lower levels & closed at almost day high on Friday. 2925 should offer good resistance to upside movements. Shorter may keep it as SL for their positions. Closing above 2925 will take Nifty towards for some good upswing lead by short covering.


Remember my January msg of 500 pts movement in Nifty, Nifty from 3148 > 2660 levels. Now again nifty going to give 250-300 pts movement. Exact movement for paid members only.

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