Thursday, February 19, 2009

PAUSE BEFORE BIG MOVE

Nifty did bounce back from its low yesterday but couldnot sustain its gains and ended flat. Expect range bound today with NF 2740-2795 holding the key. Pivot is at 2762 with resistance at 2792-2806 and support at 2740-2720. NF has to sustain over 2784 for upmove .
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