Friday, December 26, 2008

MERRY CHRISTMAS!!

Nifty settled on a weak note breaking and closing below NS 2922. Bias has turned negative and any upmove would be just pull backs till NS closes above 3056 .For today, the pivot is NF 2952 with resistance at 2972-86 and support at NF 2923-2906. Expect range bound trading today.