Markets may recover from next week

>> Saturday, December 27, 2008

Technical analyst, Vishwas Agarwal, while commenting on the market said, ``From Monday or Tuesday onwards, market will start recovering for second and last round of current upmove. As this market will make next stop before January 14 and from there onwards, corporate results will start which are expected to be weak.``

``We have only around 10 working days to make money and exit from weak stock. 2,876 is the basic support and 2,976 is important to cross for a strong upmove. Overall market view is trade with stoploss only with no major big target for any upside in Nifty or any stock,`` added Agarwal. - MyIRIS