Dear Investors / Traders,

22-02-2012

The market may open lower on weak Asian stocks.

Trading of S&P CNX Nifty futures on the Singapore

stock exchange indicates a fall of 11. points at the

opening bell.

Today the market is likely  to witness resistance at the

5650 levels .Support is likely at the 5560 levels . The

bullish pivot for the session is likely at the 5600 levels

above which the Nifty must stay throughout the session.

The bearish pivot is at the 5580 levels below which

declines may occur. Traders must watch these levels .

warm regards,

SS Pavankumar

CMD, Shakthi Investment Consultancy P Ltd