(My Original Blog Post: http://www.onlineequitycalls.com/2008/12/nifty-support-resistance-levels-for-11-12-08/)
US markets ended positive after a volatile secession. Europe ended mixed.
Asia has opened marginally lower. I expect Indian markets to open flat to negative.
Today inflation is to come out. So better be carefull….
Dont get carried away by yesterdays 500 points gain. Even though yesterday FII’s were net buyers of over 900 Cr. This is just a trap to fool investors.
The support for the Sensex is 9450 and the resistance to the up move is at 10000-10324.
The support for the Nifty is at 2860 and the resistance to the up move is at 3100.
Source : buzzingstock.in