Wednesday, January 7, 2009

MARKET VIEWS 7TH JAN 09

NIFTY'S BOUNCE FROM THE LOW HAS SHOWN THERE IS SURELY SOME RESOLVE FOR THE UPMOVE. 3110 3090 FOLLOWED BY 3056 WILL BE THE INTRADAY SUPPORTS. RESISTANCE WILL BE 3130 , FOLLOWED BY 3155.

CLOSING BASIS SUPPORT FOR NIFTY WILL BE 3075 LEVELS AND CLOSING BASIS RESISTANCE WILL 3150.