Nifty: Support 4390/4324/4282/4250
Resistance is at 4444/4500/4554
View: Watchout of 4554 on upside, sustaining above this may lead to4610-4800 level. Below 4390 may lead to some profit booking. If trades 15 minutes below this level plz buy 3800/3900 put to hedge your longs.
IFCI,IDEA,RPOWER,RELINFRA,NTPC,INFY looking good in near term.
August 04, 2008
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