Monday, January 4, 2010

Nifty following Dow Futures once again!

First trading session of the year and a new high at 5232 level.The main level is to watch is 5250,from where some resistance is possible.
Nifty's Dow Jones duet song is going in sync andit seems Dow Jones is headed to a new high level s well in coming days.
Unemployemnt news is expected on Friday of this week which will be a deterimental factor for a breakout in any direction in Dow Jones.
Wait n watch is the mantra.

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