sraj
White Belt
Joined: 11 Feb 2009
Posts: 274
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Post: #1  Posted: Thu Jan 28, 2010 8:18 am Post subject: Pre Market Alert on 28-01-10 |
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WORLD MARKET
Current world index are in normal and good manner, due to this our market will try to move up, this up move may get resistance around 4863, 4950, 5020, same as below 4816 down fall may continue
NIFTY SPOT
Today above 4863 nifty spot may move to 4890 ++, and as per Fibonacci retracement levels 4950 will act as first resistance, above this point next resistance will come around to the following points 5020, 5075, 5130 to 5150, in this 5075 may act as very strong resistance,
Same as today if nifty spot breaches 4829 then down fall may start, but some important buying support is around 4816, so below 4816 it will come down to very important support zone of 4780, so only below 4780 nifty spot may face bad crash to 4725, 4650++++, and very important point to watch than all the above things is today expiry, so volatile, clear less move, technical factors not working these are all happen, so better avoid market today
NIFTY SPOT TODAY’S LEVELS
Nifty Spot above 4856 Target 4863, 4890, 4904, 4915, 4925, 4940, 4949, 4975, 5010 to 5020, 5075, 5100, 5130 to 5130
Nifty Spot below 4852 Target 4833, 4829, 4816, 4780, 4725, 4657, 4643, 4629, 4590, 4559, 4529, 4482
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