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Chennai, Tamil nadu, India

Sunday 7 December 2008

08-12-2008 Views

Hi, Nifty on Monday Nifty has to cross 2800 comfortably to reach 2940 where it may face stiff Resistance. Below, Nifty may get support at 2700. Below 2700 it may get support at2640,2612. If nifty cannot sustain above 2640 level next support is around 2540,2500 . If Nifty does not stop downside journey at 2500 It may go down to 2200. Though American market ended positive, initially it may open downside. If Nifty opens down then we may see some upside. 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.

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