July 01, 2008

Intraday View For 01/07/08

Nifty (Spot) : Resistance 4094/4120/4160/4175/4199
Supports 4020/4010/3999/3960

Nifty: Nifty Futures are at big discount thats why I posted my view on Cash Levels today. 4000-3950 is a level to be watched. Technically market in oversold zone. Should see some upside from these area. 4400 a stiff resistance to be crossed.

Sensex: Nearing critical support of 13200.

Avoid Shorting at these levels.


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