January 16, 2008

Intraday Calls For 16/01/08

NIFTY:Resistance 6112/6140/6260
Support 6029/6012/5980/5944/5912.

Nifty Yesterday broke all supports, Now supports lie in 5750-5850 region, so expect a fall upto 5800-5900 region without any supports in between. If Nifty sustains this area then a relief rally / bounce back may be seen.

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