Monday, March 9, 2009

RANGE BOUND

With flat to negative Asian cues and next two days hoilidays, market expected to be range bound. Today's major area is NF 2578-2584. Bulls will be active only over 2584 for target 2634 and major resistance at 2642. Below 2578 one can short for 2557-2552. Break of NF 2552-2541 will bring major weakness. Happy Holi !!

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