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Pre Market Alert on 24-02-10

 
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Author Pre Market Alert on 24-02-10
sraj
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Joined: 11 Feb 2009
Posts: 274

Post: #1   PostPosted: Wed Feb 24, 2010 7:53 am    Post subject: Pre Market Alert on 24-02-10 Reply with quote

WORLD MARKET

Current status of world markets are in red, due to this our nifty spot may have strong support around 4780, if nifty holds this level then further up move possible, if slips then further down fall possible, so do careful,,

NIFTY SPOT

Today if nifty spot breaks 4885 then further up move may possible as per today’s levels and 4956, 4970 may have rights to give strong resistance, but seeing the current status of world market I think this may not happen, even though we cant believe the game of big hands, so better ready for anything,

Same as if nifty spot breaches 4875 then further down fall may come as per nifty levels, and in down side 4780 may act as strong support today, if it breaches then further big fall may come, if not there is a chance to move up from here (4780), generally coming three days may give some tension to all, so better avoid market, or do very low quantity to be safe,,,

NIFTY SPOT TODAY’S LEVELS

Nifty spot above 4876 Target 4886, 4912, 4942, 4956, 4970, 5022

Nifty Spot below 4875 Target 4824, 4805, 4799, 4781, 4767, 4734, 4715, 4699, 4664, 4650

thanks
saravanabalaaji
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