June 08, 2009

Intraday View For 08/06/09

Nifty: Resistance 4620/4650-4660
Support 4555/4532/4508/4491/4473

As said on Friday, Nifty has taken immediate support @ 4520-4555 & a bounce to 4620/4660 zone can be seen, from where fresh selling may emerge. Nifty held that level & went upto 4650 levels from it fell like a pack of cards.
Again today, view remains same, booking may emerge from higher levels if 4650-4660 level is not broken & sustained.
Expect flat/-ve opening with 10-15 pt on Nifty, With again immediate resistance @ 4620/4660 zone & Support @ 4550/4520 zone for next move.

Commodity Levels For 08/06/09: Click Here
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