Break below 14161 & 4303 heavy fresh selling will be seen.
4395 a solid resistance for NIFTY.
BSE index: (14349) Consider 14320 a nearest & 14219 a crucial support, keep strict stop loss of 14161 to your buys.
Break below 14161 heavy fresh selling will be seen & it'll fall down to 14050 & 13945initially. Break below 13945 further panic will drag it down to 13822-13775.
Upward side 14484 a crucial resistance crossover above which it'll surge up to 14549 & 14624 in a disguised manner, keep stop loss of 14624 to your sales. Crossover above 14624 only it'll sustain on higher levels & flare up to 14696 & 1485..
Nifty: (4332) Consider 4365 a nearest & 4395 a solid resistance up to which selling on higher levels will be seen, keep stop loss of 4395 to your sales.
Downward side 4303 a crucial support break below which it'll fall down heavily to 4252, 4215 & then 4165.
Upward side crossover above 4395 it'll turn positive for the day & surge up to 4465 & 4505 in a disguised manner.
Tuesday, July 29, 2008
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