NIFTY: Resistance 4762/4801/4835/4840/4909
Supports 4720/4650/4620/4525
View: As we assumed, Nifty did exactly like that only. Nifty broke all important support levels, last hope is support area of 4620-4650.
Cairn Sell Below 275 Sl 280 Tgt 269-265.
GAIL Sell Below 380 SL 384 Tgt 375-373.
Better keep sideline today.
Targets are indicative & not suggestive, plz book accordingly.
June 03, 2008
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