Thursday, February 28, 2008
<:: Pre & Post Market Analysis For 29 th February , Fri Day , 2008 ::>
:: Support & Resistance Level Of Nifty ::
Sopt Nifty Closed @ 5285.10 [ 16.00 HRS ]
We Should Go Long @ Above 5283.80 OR 5306.65 [ Resistance ]
Market Will Be Positive For long Side @ Above 5317.40
With A Trailling STPL @ 5253.40
U.L .TGT :: 5335.50 \ 5348.70 [ Strong Resistance ] \ 5360.05 [ T.R.P ]
If Sustain @ > 5360.05 For 30 Mints Then Long Again
With A Trailing STPL @ 5317.40
And
U.L.TGT :: 5390.05 \ 5431.40
Strong Resistance@ 5390.05
So @ Above This Level U.L.TGT Will Be :: 5431.40 [ Bullish Zone ]
But @ Below 5263.50 We Should Go Short
With A Trailing STPL @ 5295.95
And
Lower Level TGT :: 5253.40 \ 5233.55 \ 5217.10 \ 5208.85
5217.10 Very Weak
And
Lower TGT ::5208.85 \ 5200 Or Even 5180 \ 5160 [ Very Bearish Zone ]
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