November 11, 2008

Intraday View For 11/11/08

Nifty: Resistance 3114/3188/3210
Support 3094/3006/2974/2940/2906

View: Yesterday with support of positive global market, Indian market closed with good gains. Today we may open gap-down/flat & will first face resistance at 3114. We are almost 50% up from recent lows. So we may witness profit booking today.
Yesterday we posted our view of booking longs profit at highs, I hope every one did so.


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