Tuesday, December 16, 2008
AVOID LONG EXPOSURE
We are near strong resistance of NS 3021 . Profit booking at higher levels after Gap up indicated nervousness of traders. Today's pivot is NF 2982 with support at NF 2912-2887-2856. Market may show bullishness over NF 2963 and will clearly will be bearish below NF 2943. Watch level NS 2820 in coming days.
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