Nifty: Resistance 4888/4916-4922/4949/4994
Support 4848/4816/4770
Nifty bounced from low support zone, but closed below 4888. For today, with weak global cues, Nifty is expected to open gap down with 25-35 Pts. Sustaining above 4848 Nifty may again show some recovery. Stock specific movement will be seen ahead of the Railway Budget scheduled later today. Nifty may remain rangebound due to Budget & Feb month F&O expiry.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
February 23, 2010
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment