The markets are becoming tricky today with heavy bull liquidations and institutional selling indicated.
Negative points are however influenced by the presence of positive waves also.
Whether this will make the market worse or better has to be seen .If it is positive good
uptrends can take the markets to new heights. On the negative it can result in a very weak
market . The negative waves are generated during10.04-10.26,10.48-
11.31,12.15-12.37, 12.59-13.20,14.26-15.10.Trade cautiously at these periods.
Nifty supports are seen at 2920,2913,2909,2893,28889,2871,2866,2854 etc and
resistances seen at 2925,2931,2936,2942,2949,2958,2972,2985,3008 etc.
These forecasts are given for general information only. Market actions will be at the
individuals own risk.
Vidyaabhaarati.
Wednesday, February 11, 2009
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