December 28, 2007

Nifty News

Dow down 192 points.

Nikkei Trading down 240 points.

The high premium of 40 points on Jan Futures over Dec Futures can work as a double edged sword on days like today.

America and Asia have fallen and it is quite natural that we will open weak.

Remains to be seen if we can hold to 5930 levels which is a major support for the Nifty.

Clicky Web Analytics