Friday, October 16, 2009

HAPPY DIWALI !!

Market taking a breather before Diwali. It has come a long way from previous Diwali... low of that day was around 2540 and it never broke that level and moved all the way to 5150 .... Now the crucial support is Nf 5052 for upward move. Today's pivot is NF 5108 with resistance around 5134-5155 and support at 5092-5070. We are definately heading towards the bubble zone which may be 5250-5500 .