Monday, January 12, 2009

13.1.09 Market outlook




Nifty is pretty deeply oversold,avoid shorts in this level.. Those who already hold short/puts can continue holding until they see positive closing in the markets.

Nifty levels

ABOVE 2804 TARGET 2827-2848-2889
BELOW 2750 TARGET 2704-2645-2610


Market went till 2697 in futures

Closing was 2744.85 but my level was 2746 in picture see the technicals.

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