August 22, 2008

Intraday View For 22/08/08

Nifty: Resistance 4303/ 4313/ 4365/ 4380
Supports 4275/ 4265/ 4225/ 4209/ 4114

View: Nifty gave bearish breakout & now enter strong support area. 4225 is to be considered as strong support. One may try to enter with 30% at these levels.
Buy RPL in dips arnd 148-155 for medium term tgt 190-210+
ISPAT, JPASSOC, SAIL, RELINFRA looks good for short term too.

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