Tuesday, February 9, 2010

Nifty chart

Market broke the yesterday's high and close at the higher level making temporary bottom.Looking at the global cues expect our market to open gap.If sustains at the higher levels(Above 4830) then next target will be around the level of 4910-4920.

Breaking and close above 4910-4920 will reverse the short trend to upward and even making new
52 week high.Support remains at 4775-4780 levels breaking will take to 4730 and 4680 levels.

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