Friday, January 2, 2009

Nifty chart indicate that Mkt in Positive trend. Yestedday Nifty also closed above 40-days & 20 days moving average and has also given a higher top higher bottom signal. Now Nifty can go upto 3105. It will higher bottom for Nifty if it will cross then more upside indicating on the mkt.
Nifty have resistanc near 3105. Now 3000 is the support level fore Mkt.
As per Sensex Mkt also make higher top & higher Bottom. And sensex have also resistance near near 10200. Sensex has also above 15 days moving average 9750.

We recommended ALstom to Buy near 235 its currnetly traded near 255 our next tgt in Alstom 275.

Sterlite ind Keep SL 270 tgt 285, 295

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