Monday, February 9, 2009

BREAKING OUT FROM FLAT RANGE

After trading flat for 5 days and supporting NS 2750, nifty is going to check upper end of range which is NS 2881. Today's pivot is NF 2821 with resistance at 2845-2858 and major is 2872. Support exist at 2810- 2774. Nifty future should remain over 2827 for upward rally.