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
Nifty_Fut_1M_010109 
Healthy and Wealthy Trading.
Advertisements

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

Categories

%d bloggers like this: