June 30, 2008

Intraday View For 30/06/08

Please refer to our Nifty View posted on 25th May (CLICK HERE TO READ)

Intraday Nifty Support is at 4060-4040-4006-3950

View: Nifty is still good above 3950, below this we may even see 3850-3700-3650 ..... So advisable to exit longs once 3950 is breached ( closing basis ). All indicators are in oversold zone.So we may see some upside & below 4006 we may see panic ( closing basis ).
At the moment follow the policy: CASH IS KING. Avoid any risky intraday.

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