Intraday Calls For 04/04/08

NIFTY:Resistance 4770/4825/4850/4890/4950
Supports 4700/4665/4635/4620

View: Nifty has consolidated a lot in 4650-4950 zone for past 19 trading sessions.Its getting ready for a big move to either way in coming days.As I said yesterday every rise is been used for exiting longs & creating fresh shorts.This type of market is a total trap for Bulls & Bears.Market will show its direction in coming days and it will write long term story of our market.

Intraday:
Essar Oil Above 240 Tgt 246-250+ Sl 235
Hind Oil Above 121.5 Tgt 124- 125+ Sl 119