July 21, 2008

Intraday View For 21/07/08

Nifty: Resistance 4114/4141/4224/4252
Supports 4051/4028/3993/3939/3880

View: Nifty went up last week strongly from our support zone. We were advising not to short at lower levels & market reacted strongly.
Market will move politically for next two days rather technically. Do not trade in big positions without S/L OR do not trade unhedged. Market may move either way with the news.
Critical Resistance 4150.

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