We expect flat or gap up opening in the market.The market should trade above the high level of yesterday the we can expect the market to move to 5300-5310 levels above that as mentioned yesterday it can move to 5300-5310 levels.
Support remains at 5230-5220 levels.Risky traders can go short with stoploss of 5300-5310 levels for intraday target of 5230-5220 levels.But please remember that market is in positive mode.
Best to your trading!
Friday, January 15, 2010
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