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***all analysis are based on self chart study only, actual trading gains may vary.
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    Wednesday, February 11, 2009

    trendlines and channels magic continued...



    the trendline may possibly act as resistance this time too.

    if weakness is seen in mkt today, then one may short with sl 2985, downside lvls for nifty spot are 2890/2864/2840.

    Posted by abhay r somkuwar at 7:31 AM 1 comments

    Monday, February 9, 2009

    mkt view...

    for the last six days nifty has been trading in a 130 point range with strong resis at 2881 unable to cross. on positive global cues nifty may inch higher toward this, next lvl is 2900/2925 and major one near 2962. support 2815/2792.

    Posted by abhay r somkuwar at 8:01 AM 0 comments

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