02-01-2009 Views

Dear viewers, We have started new year on a positive note. Nifty closed at 3033 which is below 55 ema on 3months daily chart. Nifty has to cross 3060 to be more positive. It will may face very strong resistance at 3100 . Strong support lies at 2920 and below which Nifty will be dragged to 2850 and then to 2800. 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.