Market is expected to open flat or slightly on the higher side and will be volatile for the day. Huge short covering is expected in large cap stocks. Traders should be cautious on the sell side.
Nifty has crucial support at 2610 levels, if Nifty holds this levels then we may see the recovery up to 2720 levels, If Nifty support of 2610 breaks then panic selling can be seen.
Today technically Nifty will have a support at 2610 and 2590 levels and resistance of 2660 and 2690-2720 levels and for the days nifty can end in plus.
BSE, NSE Stock Ticker, India
Tuesday, March 3, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment