August 18, 2008

Intraday View For 18/08/08

Nifty: Resistance 4514/4530/4570/4610
Supports 4406/4393/4351/4372/4310

View: Nifty broke important supports on friday & closed at days low.
Still above support of 4372, below it Nifty may test 4250-4160 levels. Weekly resistance @ 4658 & support @ 4250. Closing below 4200 may be very harmful in coming days.

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