YESTERDAY'S PERFORMANCE

NIFTY
As I said negative numbers outnumbers positive and technically selling would take place and that what happened.But I thought the market would touch 2524 levels today but it didn't happened.And resistant was not broken.

MY VIEW

POST SESSION
Today ,I feel, market reacted for yesterdays numbers.Spot nifty didn't touched the support level of 2656,but it had a low 2661 which is not too far from the sup level,the market breath was weak and given a downside closing, which is not good for come week.

WEEKLY VIEW
RBI credit policy and quarterly GDP data is to come next week.Technically, chart is given a downside move signal so still I prefer selling at higher levels.I feel nifty would trade around 2300 - 2800 levels in come week.

NIFTY LEVELS {27/01/09 - 30/01/09}
SUP 2524,2461,2316
RES 2846
If you have any suggestion pls take pain to drop your comments.
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