Nifty:Resistance 3939/3993/4004/4078/4114/4141
Supports 3900/3838/3800/3717/3700
View: We boldly said that all indicators in oversold zone & any recovery would be steep.... and rest we all witnessed what happened. Sensex gave a great movement of 750+ Points intra day. I even asked to take delivery of recommended stocks, I hope you all enjoyed.
Till we dont cross & close above 4141, we would advice to book profits at every high and don't take fresh longs at higher rates.Dow Jones closed 4.6%+ & Asian Markets trading mixed in early trade.
Ranbaxy & IFCI looking good as mid-term delivery.
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