Here is your free Nifty analysis for 25-03-2009.
Nifty has closed near the day's low . Nifty has started coming down after trying to open high and go up for the fourth time.This shows bears are becoming active whenever Nifty tries to go up.
Though the Nifty had a fall from 3017 the down ward movement is arrested above 2897 region.If nifty opens below this level we may witness more down side.
Resistances are 2938,2950,2970,2980,3017.
Supports are 2900,2897,2880,2850,2807.
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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