September 11, 2008

Intraday View For 11/09/08

Nifty: Resistance 4430/4444/4468/4499/4540
Supports 4393/4360/4343/4325/4220

View: Nifty not able to sustain higher levels & keep cracking from resistance zone. Positional traders may buy in dips with 4220 as SL.
For Intraday, one may buy in dips with 4343 as SL.
Sterlite Ind has cracked substantially. One may enter it with mid-term view @ 450-480 levels for 30%-40% upside.

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