Tuesday, March 17, 2009

Today's market "profit booking"

Market may have flat to positive opening today. Some profit booking is expected after a three-day rally. It may trade in a range and consolidate here before making its next move. The Nifty may see upward momentum again if it manages to trade above 2800.

Supports for the Nifty are at 2700-2730 and resistances are at 2800-2830-2860.

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