NIFTY VIEW for 25/01/10

Considering Friday's close and sharp fall in US markets, it is quite likely that we may have a weak opening. Nifty Future can go down to 4900-4920 range which should provide support.


I expect Nifty Future to take support at 4900-4920 range and if market stabilise in that region one can buy with that low as a Stop Loss.


On the way up it will find resistance at 5010 - 5050 and 5100