Thursday, January 1, 2009

Nifty Update for January 2 - Inder Bhatia

The Indian market opened on a positive note and traded in a narrow range. We saw a smart breakout and closed near the day's high and in the green zone. For the coming session we could test the 3054-3090 zone. On the lower side 2990 would act as a support zone.

Dow Jones Tonight for January 1 - Viral Joshi

Pivot is 8,780 and support is 8,600.

S1 8,750; S2 8,700; S3 8,650; and R1 8,780; R2 8,800; R3 8,850.

Above 8,780 Dow is positive and below 8,750 Dow is negative.

KM

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