Wednesday, December 3, 2008

MARKET UPDATE

Due to some pressing work could not update in morning but have given the range yesterday evening only..Markets took resistance at 2690 zone again and could not cross it the whole day. Even the sell orders were getting covered very fast.. again today we have managed to close over 2630-40 zone.Pls. note now this is becoming a very important zone and any weakness or close below this can invite long unwinding..Lets see how other markets trade tonite..have a nice day..cheers.