Nifty: Resistance 3999/4020/4050-4080/4120/4150
Supports 3920/3852/3820/3773/3737
View: With global market giving some positive signs, our market too recovered sharply. Thats why we said not to short in low range. Now resistance is at 4050 & 4150 sustaining it, may lead to 4400-4800 in coming days. Pace of inflation rise also slowing, Crude Oil falling, now only problem is Government's stability. If it proves its majority on tuesday, then we may see some sharp bounce in coming days.
Cash Buy:
RPL arnd 143 Sl 140 tgt 148-155
July 18, 2008
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