Thursday, February 12, 2009

FORECAST FOR 13-02-2009

The markets are likely to open positive but the undercurrent is weak till
12.14. Bullish strength builds up around 11.51 and becomes positive by14.29.
Negative waves are seen during 09.59-10.21,1018-10.34,10.42-10.50,11.06-11.29,
12.59-13.21,13.21-13.44,14.06-14.29,14.29-14.51 etc. The bullstrength being high
these negative trends may not be felt strongly in the market.
Nifty likely to get support at 2893,2886,2880,2873,2858,2853,2840,2820 etc
and resistance at 2899,2905,2910,2925,2939,2946,2958,2978 etc.
These forecasts are given for general information only. All market actions will be at
the individuals own risk.
Vidyaabhaarati.

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