We had on 23-03- 2009 given the view till 05-04-2009.On 27-03-2009
nifty had touched 3140 in intraday and is now in the overbought zone.
Nifty support at 2996 and resistance at 3236 is strong.Stay above or below these
zones will determine further trends.THE WORLD MARKETS ARE SHOWING THE TREND AS
GIVEN BY US.WILL THE RATE CUT KEEP THE PRICES IN INDIA UP? WAIT AND SEE.
Trading in 2750 put at cmp of 30 or below may give minimum risk and higher profits
if the market reaction comes.
These indications are given for general informations only.The markets can behave
contrary also due to unforeseen forces.All market actions will be at the
individual's own risk.
Vidyabhaarati.
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