28-02-2012

NIFTY...HIGHER MARKET IN LINE WITH REST OF ASIAN MARKETS......it was expected after yesterdays figure of fii's in f&o where they bought around 1000 cr of nifty futures ,,which was hedge they did in last days but there yesterday cover of hedge in index futures shows that they feel this market has made base at 5325 nf low of monday..and market budget rally has started which will carry till budget.... today as we have gdp fig it will determine market on highs.....NOW FOR TODAY

5530 NF WILL ACT AS FIRST HURDLE OF BULLS....ON FALLS....5470 NF WILL ACT AS LAST HOPE SUPPORT OF BULLS

ONLY BREAKING THIS RANGE WILL SET FURTHER MOVES FROM BULLS OR BEARS....WATCH