Wednesday, December 23, 2009

STILL TRADING IN BAND

Nifty after taking support at 4937 is now trading in band of 4997-64-32. Only close over 5025 will make the bulls comfortable whereas break of 4935 can take it to 4860. Today's pivot is nf 4985 with resistance at 5005-5015 and support at 4972-4960. Weak below 4952.