Friday, January 15, 2010

INTRADAY TIPS FOR 15 JANUARY 2010

GOOD MORNING!!!
INDICIES HAVE SHOWN GREAT STRENGTH AT THE CURRENT LEVELS MARKET WOULD NOT LIKELY TO TEST NEW LOWS UNLESS THE RECENT HIGHS ARE BROKEN. MARKETS STILL REMAIN POSITIVE UNLESS AND UNTILL NIFTY CLOSES BELOW 5197 ONE CAN SEE A POSITIVE BIAS IN NIFTY FOR INTRADAY. TODAY IF NIFTY TRADES ABOVE 5270 THEN LIKELY TO HEAD TOWARDS 5316 AND ANY BREAK ABOVE THIS POINT AND CLOSE WOULD TAKE NIFTY TO 5380. ON THE NEGATIVE SIDE IF NIFTY TRADES BELOW 5230 THEN NIFTY MAY TAKE SUPPORT AT 5177.
NO RECOS FOR TODAY