Nifty: Resistance 3970/4004/4034/4077/4099
Supports 3908/3883/3858/3838/3710/3696
View: Nifty not sustaining our resistance of 3993 on wednesday means we may see little downside before any fresh upmove. Again critical support lies at 3883 & 3838 zone. Nifty needs to consolidate in this area for fresh & healthy upmove.
Nuke deal passed by US house & Bail out plan also getting initial nod for going through is a positive boost for market.
We have already given Ranbaxy as mid term delivery pick on 1st Oct . It may touch 300-320+ levels in the given time.
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