February 19, 2009

Intraday View For 19/02/09

Nifty: Resistance 2777/2825
Support 2725/2701/2666/2620

Nifty remained whole day in a narrow range with mixed sentiments & finally closing flat. Overall view is bearish. On breaking 2725, on downside Nifty may touch 2666. Closing below 2620, may further lead to 2520/2440 & below.
US market closed flat.
Expect a flat/-ve opening.

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