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Friday, January 30, 2009

Market in Feb 2009

Market has shown big Volatility in January but nifty was stick to 2700 .Is 2700 is a big Support or Market will not now touch its Oct'08 Low?.
We Hope that Feb again will be Volatile Month but this month market would be better than jan.We Hope there would be possibility for some short term rally till 3200+.
US is going to announce Package of $819 bn stimulus plan.Election in India are preety Clear to be happen in May June.There is now also a pressure on next RBI meet to take some action on improving economy i hope there would be another rate cut seen in Feb.
From Nifty Point of View Nifty has shown great support near 2600-2700.We hope these support level would be maintained again.
Tips : Buy Time ( Buy on Every Dip )
Sector : Banking
Daily Nifty Call from http://niftyexpress.blogspot.com
Get daily Surehsot calls only on www.niftysuretips.com @ rate of just Rs 170 per day

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Indian Stock Market : A technical View by Niftysuretips.com