sraj
White Belt
Joined: 11 Feb 2009
Posts: 274
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Post: #1  Posted: Mon Feb 01, 2010 8:02 am Post subject: Pre Market Alert on 01-02-10 |
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WORLD MARKET
American's Friday close was just In down side, but now its future market is in mild up move, following this all Asian and Singapore nifty are in mild volatile mode, reflecting this our market may also face some volatile during trading hours, and today our nifty spot has resistance around 4895, if it breaks 4895 then 4893 may act as s/l, 4828 may act as good support
NIFTY SPOT
Today if nifty spot breaks 4895 then further up move possible, same time the following points 4968 to 4975, 5031 to 5040, 5092 has the power to give resistance, same as if nifty spot not able to break 4895, or after breaks 4895 if it breaches 4893 then further down fall may come up to 4828, below 4828 it will move down as per today’s levels,
Generally Fridays low 4766 is one of the best Fibonacci support for nifty spot, so only if it close below 4760 then further down fall will come up to 4640 to 4600, 4530 as we expect in previous post..
NIFTY SPOT TODAYS LEVELS
Nifty Spot above 4895 Target 4907, 4920, 4926, 4953 to 958, 4976, 4995, 5016, 5028, 5041, 5072, 5092
Nifty Spot if not breaks up 4893 or after breaks 4893 if it comes below 4893 Target 4828, 4813, 4796, 4764,4703, 4668, 4560 to 4550, 4519
SCRIPT TO WATCH
GRASIM
Buy above 2618 Target 2640, 2680, 2720, 2768, s/l 2610
Sell below 2610 (after breaks 2618) Target 2536, 2530*, 2496, s/l 2618 |
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