Wednesday, January 28, 2009

Nifty views for 28 January, 2009

Nifty had a rocking performance today and has closed just below the important level 2780. Now, for 28 Jan, if it is ablt to cross 2800 with volumes and stay above it, it can go up to 2850. Intraday Players should go long above 2800 with a stop loss at 2780 Nifty Spot. Short below 2750 with s stop loss at 2780 for targets of 2710, 2685. Due to expiry, we may see a volatile session with testing of both resistance and support levels

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