11 March 2008, 12.00 noon
The trading is halted now for sun outage. Look the low of Nifty today, 4732, Likely well supported at above 4730 as we discussed in this morning. It could break the yestedays high. Hourly chart patterns are giveing some chances of trend reversal atleast for very short term.
Many of the Asian markets could recover the early losses. Taiwan, Korea, China, Singapore and Japan are in green zone. Only Hangseng is remaining in red.
According to Reuters, UK stocks are likely to open flat today. The progress of European stocks can Influence our markets also. 4900 should be an immediate resistance for Nifty.
The trading is halted now for sun outage. Look the low of Nifty today, 4732, Likely well supported at above 4730 as we discussed in this morning. It could break the yestedays high. Hourly chart patterns are giveing some chances of trend reversal atleast for very short term.
Many of the Asian markets could recover the early losses. Taiwan, Korea, China, Singapore and Japan are in green zone. Only Hangseng is remaining in red.
According to Reuters, UK stocks are likely to open flat today. The progress of European stocks can Influence our markets also. 4900 should be an immediate resistance for Nifty.