Sideways moves to continue in frontlines.
Stock specific approach advisable.
New FO entrants look hot.
BSE index: (14678) Consider 14665 a nearest & 14584 a crucial support; keep stop loss of 14557 to your buys.
Upward side 14825 a crucial hurdle to watch out for crossover above which it'll surge up to 14888 & there after to 15013 & 15143. Sell on higher levels keeping stop loss of 15143.
Downward side break below 14557 it'll turn weak & fall down to 14483, 14421 & 14321.
Nifty Future: (4435) 4459 a nearest hurdle to watch out for crossover above which it'll surge up further to 4490, 4505 & 4548. Sell on higher levels keeping stop loss of 4548.
Downward side 4425 a nearest & 4392 a crucial support.
Break below 4392 it'll turn weak & fall down to 4360, 4338 & 4302.
Thursday, August 21, 2008
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