Friday, August 1, 2008

01-08-2008 Market Today

BSE index: (14355) Consider 14265 a crucial support, keep stop loss of 14153 to your buys.
Upward side it'll rush up to 14417 initially which is a nearest resistance to watch out for. Crossover above 14417 it'll spurt up heavily to 14580.
Downward side break below 14153 it'll turn bit weak & fall down to 14018 initially.
Break below 14018 it'll crash down to 13954 & 13825.

Nifty: (4333) Keep stop loss of 4285 to your buys.
Upward side it'll surge up further to 4368 initially. Crossover above 4368 it'll spurt up further to 4395 to 4416. Consider 4416 a solid resistance.
Crossover above 4416 only it'll move up further to 4465 & 4494.
Downward side break below 4285 it'll fall down to 4245 initially.
Break below 4245 it'll crash down to 4229 & 4194.

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