Live Market

Tuesday, March 23, 2010

Today Market

The market today tussle within 20 points.I found the nifty spot low is very low when we see the future's low.The spot low is 5203.55 where as future's low is 5222.00.Something is cooking!! or the real weakness is on in nifty.if nifty breaks the 5190.00 Level the correction may occur from there on.The bank nifty is not showing much swing as it used be...it was struck in 9220-30 level for a longer time.This shows ready to blast on either side,but as per the nifty , it is going to jump down.
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We have gone short in the opening itself and covered same in 9220level.Waiting for further positions Long/short we are yet unable to predict...