Friday, February 23, 2007

Market News And Updates 23/02/2007[EOD]

Very bad closing for market indeed. Nifty broke the strong support level of 3965.
Now support lies at 3890 levels.

PFC had a good listing considering the markt weakness.
Wait for more correction before buying. We expect Nifty to shove up another 100 points before
budget. If budget has any negatives then market can crack in big way. But any positive surprises from budget can lead to strong rally upto 15K.

No comments: