MARKET VIEW FOR 25-03-2009

On 24-03-2009 as was forecast the markets remained bullish on mass buying in the morning
session to lift nifty to 3015 and then selling pressure brought down nifty
to 2915 in the afternoon.The markets remained extremely volatile due to
alternate bouts of buying and selling.The wave theory is further validated
by the fact that Asian Markets were highly bullish , but India went into
red in the afternoon ,followed by weakness in Europe and U.S. Markets.
On 25-03-2009 nifty may take primary supports at 2855-2882 level and face resistance at 2928-2946 level as a bounce back is likely after 11.40 .
Today let us do a trading trial by

buy at low ----- - sell at high and get leverages of 8-15 points in nifty.

1. 10.00-10.10----- 10.10-10.40
2. 11.10-11.21 -----11.21-11.32
3. 11.53-12.04----- 12.04-13.00
4. 13.23-13.34 -----13.34-13.45
5. 13.45-13.56 -----13.56-14.41
   These forecasts are given for general information only. The markets can behave
   contrary also due to unforeseen reasons.All market actions will be at the individual's own risk.
   
   Vidyabhaarati.