ON 13-03-2009 the markets remained bullish and on crossing the seven year bear wave
frenzied bear covering and buying was seen in the market lifting Nifty and Sensex to
dizzy day heights .Above 2758 next main resistances for Nifty is at 2950 and 3150 . The ten
day short term wave continues to be bullish but in intraday
today bearish signals are also seen limiting the gains especially during 10.24 - 12.26.
Momentum changes of the markets may be seen at 10.00,10.24,12.43,13.28,14.53 etc.
Today Nifty likely to get support at 2709,2689,2659,2609 etc and may face resistance
at 2739,2758,2779,2796,2828,2867 etc.
These forecasts are given for general information only. Markets can behave contrary also
due to unknown forces. All market actions will be at the individual's own risk.
Vidyabhaarati.
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