Friday, February 13, 2009

CONSOLIDATION WITH IN RANGE

Nifty traded in range ; yet protecting the crucial support NS 2882. For upmove to start, NF has to trade over 2927-2934. The pivot for this wave is NF 2893 with resistance at 2913-2934 and support at 2884-2872. NF looks bullish over 2905 and bearish below 2888. Everybody is waiting for budget.....