Nifty update for 22/01/2008


Nifty closed at 2706 which is the crucial support level.Due to poor performance by the world market the nifty was not able to perform well.Now if nifty close below 2700 level we may see 2500 level in a day or two.If the 2700 support holds then we may see a bounce back upto 2800-2850 level.

Res levels:2727,2765,2825
Support levels:2668,2630