BSE, NSE Stock Ticker, India

Wednesday, March 18, 2009

Market OutLook 19-3-2009

As the global cues are with mixed trends, The US markets were up and today the Asian markets are trading weak, Our markets are expected to open flat and trade on the higher side and shall give a clear direction once the European markets are opened.

As long as nifty dose not break and closes below the 2750 levels no need to worry, at the same time it is unable to sustain the 2830 levels.

The above two levels are the trend deciders for the market.

Today nifty can technically take support at 2750/2720 /2700 levels and resistance at 2805/2820/2840 levels.

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