13-12-2008 Views

Hi, Nifty as our views on12-12-2008, came down and took support at 2812.55 rebounded and closed positive at 2921.35.The close was same as the previous day that is a Doji. That shows indecision. market can go either way up or down. Nifty on up side it may go up to 3100 beyond 2975. Nifty on down side it may go to 2800 beyond 2850. For upside Nifty has to break 2960 convincingly to go up otherwise it may be range bound. 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.