About Me

Chennai, Tamil nadu, India

Thursday 22 January 2009

Dear Viewers,

Hope you would have booked profit of 2800 put at 2706.Nifty could not go above 2796which was close of previous day.
Nifty opened at 2777.4 and moved up as if it is going to surpass 2800 level. the upward movement was halted at 2787.3 and slid to 2690 and close at 2706 taking support at 2690.

Today, supports are 2683,2670,2653.
Resistances are 2720, 2740,2788,2800,2853.
If Nifty goes above 2850 level it may go to 3000 levels.


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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