03-12-2008 Views

Hi, Nifty was 100 points down at one time and closed at after covering most of the lost ground at 2657.8. Today Nifty has to cross yesterday's high 2672 and then 2680 to move up.If Nifty fails to move up beating 2680 ,the support will be 2600,2550,and 2500.Nifty has all the chance of touching 2500 and rebound . Investors who have not booked profit in 2700 put can book profit when nifty tanks to 2600 level and buy 2500put. Disclaimer: Please take trading position based on your own analysis. The suggestion given above may not yield profit and the author is not responsible for any loss.