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Pre Market Alert on 25-02-10

 
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Author Pre Market Alert on 25-02-10
sraj
White Belt
White Belt


Joined: 11 Feb 2009
Posts: 274

Post: #1   PostPosted: Thu Feb 25, 2010 7:38 am    Post subject: Pre Market Alert on 25-02-10 Reply with quote

Today is expiry, so decide what do you want to do in market, being safe is better than using budget rally, if anybody ask me about budget! then my answer is I will give full details only after the budget, this is the truth, imagination and assumption are not working good with 100% accuracy, see! rose is the rose is the rose, so don't get imagine about budget, and don't trade with gossip this is dangerous,

Generally technical may not work properly on the expiry day, even though I just give some important points which may have rights to give some support and resistance to nifty spot, 4828 to 4815 is the good support range today, if it breaches then good down fall may come and we can expect the down side target like 4708, 4608 too, same as in up side 4891, 4912 may give strong resistance, if it breaks then nifty will move up slowly towards 5010 which may give next strong resistance, generally I don't trade on expiry days, what about you,

Thanks
saravanabalaaji
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