The market likely to open strong and then remain static or drift low as
bullstrength remains low till 11.37 a.m.Thereafter three bullwaves are
generated at 11.37,12.25 and 12.48.A bear wave is generated at 13.36 but
is offset by another bull wave generated at 13.59 .
The market likely to show weakness or mixed trends at
10.02-10.26,10.50-11.37, 12.01-12.25,12.48-13.12, or 13.36-13.59.
Normal trading likely at other points.
Nifty likely to get support at 2727,2721,2715,2696,2665,2650,2623 etc.
and resistance at 2740,2746,2752,2760,2771,2787,2802,2829etc.
These forecasts are given for general information only.All market actions
will be at the individual's own risk.
Vidyaabhaarati.
Tuesday, February 24, 2009
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