Posted by: Babu Suresh | January 1, 2009

1st Jan. 09 Trading Session

 Today’s Nifty Futures Tick Chart and 1min. Chart
Today’s Nifty fut. supports: 2990, 2967, 2922 Resist.: 3031, 3076
Nifty Futures Tick Chart
 Nifty_Fut_010109Today although the trading session ended with low volumes, 2 factors helped keeping the market intact.
 1. News of the great and infamous S&P downgrading Reliance Ind. to negative. Pl. refer the link for further info. I appreciate their audacity and conviction for, they still believe they can fool around with their analysis.
2. Nifty Fut. from the 1st half onwards was trading with sustained bulk buying.
Nifty Futures 1Min. Chart
Healthy and Wealthy Trading.

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