Nifty: Resistance 3635/3666/3696/3720/3735
Support 3618/3591/3573/3550/3520/3440
Yesterday we witnessed one of the most "killing" volatility of recent times. We already cautioned at the beginning of this week that don't be a compulsive trader this week & avoid leverage positions on both side. I hope you all heeded to our advise are safe with your capital.
Nifty trend: Nifty closing has been weak & with weak global cues, weakness may get more strong.Nifty support @ 3550-3520, this is could be provide last technical hope for bulls.Closing below this, we stand in chances of getting more correction upto 3200-3050 levels. But at the same time,upcoming Election Results, might play another role to decide further fate on either side.
Commodity View For 14/05/09: Click Here
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