NIFTY Support 2881 ON DOWNSIDE.Breach of which will see 2860 AND 2980 LEVELS is a resistance. Before the Outcome of the FOMC MEET on Wednesday traders can see profit booking as 50 bps reduction in interest rate is discounted.
call writers are seen at 3000 ce strike price. TRADERS should HAVE A SL AT 2890 LEVELS FOR LONGS and a sl at 3045 for shorts.
Monday, December 15, 2008
Nifty Levels - 15 Dec 2008
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