Nifty has seen more down side like I have mentioned on 2/3/2009 .
Now Nifty may go down further to the support levels around 2550 -2500. If it could not sustain above 2550 Nifty will touch October low of 2253.This was formed on Oct27,2008..
Resistances are2646,2656,2662,2694,2734.
Supports are 2612,2585,2570,2554,2540,2524,2503.
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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