LAST WEEK MARKET CAME UP AND ACHIVED OUR 2nd TARGET ON 5002. LEVELS, AND THEN CAME DOWN TO OUR BUY LEVEL SO IT IS IN POSITIVE TREND.
ON THIS WEEK 02/03/2010 - 05/03/2010
I THINK FIRST TWO DAYS MARKET ARE BULLISH IT GO AROUND 5054 LEVELS THEN THERE IS A RESISTENCE ON THAT LEVEL.
IF NIFTY CAME UP SIDE ABOVE 4977 THEN OTHER HURDLES ARE AT 5009, 5029, AND 5049.
IF NIFTY BELOW THE 4863 LEVELS THEN IT GOES DOWN SIDE OTHER SUPPORTS ARE AT 4831, 4783, AND 4750.
THE TURNING POINT IS THE 4908 ABOVE THIS LEVEL IS BUY BELOW THIS LEVEL IS SELL.
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