Thursday, March 12, 2009

NIFTY (2573) SUP 2524 RES 2615

Sehwag’s fastest century by an Indian may inspire many a bull to launch an offensive. We missed the global rally, as the world’s major stock markets rebounded from recent reversals while we celebrated Id and Holi and of course India’s victory in New Zealand. Majority of the gains were driven by Citigroup’s remarks that it was profitable in the first two months of 2009. As a result, we may see some bounce early on in today’s session.

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