Thursday, October 16, 2008

Indian Stock market for 17/10/2008

AT the point Market is getting set for bounceback.

Nifty Pivot 3234
Supports 3369>3468>3603

Resistance 3135>3000>2901

Sensex Pivot 10462
Supports 10907>11232>11676

Resistance 10907>11232>11676

Nifty may try to open Flat.

ADVISE TO TRADERS AND INTRADAY -positive in 1st half and cooling off in later part.


ADVISE TO INVESTOR COMMUNITY - keep hunting for frontline blue chips at lower panic levels, buy is not advised again today.

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