August 27, 2008

Intraday View For 27/08/08

NIFTY: Supports 4329/ 4300/ 4291/ 4263/ 4211
Resistance 4343/
4374/ 4399/ 4433/ 4444

View: Nifty once again bounced from lower levels. Now critical resistance is at 4380-4393 zone, one could consider to short at this level with 4399 sl (closing basis).
Once closed above 4420 Nifty turns strong once again.

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