Dear Viewers,
The US market fell again sharply on last Friday; the Dow closed at 10173 down by 217 points, the NASDAQ closed 60 points lower at 2205 and the S&P 500 lost 25 points to finish the day at 1092. The US market looks weak. The Asian markets have opened on an average -1% down this morning. SGX January Nifty has already tested 4950& bounced from there.
Today, market, will open with gap down effect. The range between 5024 and 4935. Nifty might take support 4950– 4975 range.
Tata Steel ADVANCE SCIENTIFIC Chart 25’th Jan 2010:-
(Forecasting to happen during Trading Hours)
TISCO (623): The steel would be weak today if it fails to cross 627.
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