13th August 2008. Technical Analysis.

MARKET TODAY

Selling on higher levels will be seen.

15580 & 4650 looks top for time being.

BSE index: (15212) Sell on every rise considering 15292 & 15368 nearest & 15445 a solid resistance keeping stop loss of 15521.
15120 a crucial support to watch out for break below which it'll fall down further to 15030 & 14977 initially.
Break below 14977 it'll crash down to 14832 & 14735.


Nifty: (4552) Sell on every rise considering 4611 a solid resistance keeping stop loss of 4650.
Downward side break below 4525 it'll fall down further to 4464, 4449 & 4436 initially. Consider 4436 a crucial support.
Break below 4436 it'll crash down to 4401 & 4325.