"Intraday, pivot in the Nifty is at 3110 points. A decisive break of it can test 3082 while a low below 3060 points can lead to further profit booking. Resistance in rallies is pegged at 3165-3186 and 3198 points. A word of caution as today is the 7th day from the low of 2812 points. Keep appropriate trailing stops on longsTuesday, January 6, 2009
"Intraday, pivot in the Nifty is at 3110 points.
"Intraday, pivot in the Nifty is at 3110 points. A decisive break of it can test 3082 while a low below 3060 points can lead to further profit booking. Resistance in rallies is pegged at 3165-3186 and 3198 points. A word of caution as today is the 7th day from the low of 2812 points. Keep appropriate trailing stops on longs
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