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DAILY PREDICTION

Advice for – Tuesday, October 21, 2008

 

Market is assumed to see some positive spikes today, but indicator suggest both side movements. Still market is in negative zone for medium term and bear market is not ended.
The support for the Sensex is 9700 and the resistance to the up move is at 10919-11542.
And the support for the Nifty is at 3000-2907 and the resistance to the up move is at 3313-3478
So let’s see if government will take steps like this(Repo rate cut and CRR cut) then bear will soon eliminated from the market.

 

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