Nifty: Resistance 3838/3840/3865/3896/3920/3939/4000
Supports 3800/3787/3773/3750/3737
View: After a panic fall mkt hold on to our support area in lower area . Thats why Yesterday I said to avoid shorting at or near to support areas.
After crude weakening , global markets are in deep green giving some respite to Bulls. But today volatility may be seen ahead of Inflation nos in evening & also forthcoming " Parliament Sessions " may give alot of Volatility till its one sided decision.
Market may open 200-300+ points on sensex & 50-70+ points on Nifty.
July 17, 2008
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