BSE index: (14401) 14404 a nearest support break below which it'll fall down further to 14282-14257 & 14160, 14137 & 14096 initially. Consider 14096 a most crucial support where heavy buying support not ruled out.
Break below 14096 only it'll turn total weak & crash down to 14001, 13912 & 13760.
Upward side 14592 a nearest & 14673 a solid resistance, keep stop loss of 14746 to your sales.
Nifty: (4327) Consider 4374 a solid resistance, keep stop loss of 4395 to your sales.
Downward side 4323 a nearest support break below which it'll fall down further to 4285 & 4259-4252. Consider 4259 to 4252 solid support area where heavy buying support not ruled out.
Break below 4252 only it'll turn total weak & crash down to 4217, 4203 & 4162.
Upward side crossover above 4395 it'll turn positive & surge up to 4426, 4437 & 4463. Crossover above 4463 it'll surge up further to 4505 & 4548. Sell on higher levels keeping stop loss of 4548.
Tuesday, August 26, 2008
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