June 23, 2009

Intraday View For 23/06/09

Nifty: Resistance 4250/4281/4320/4333
Support 4201/4190/4145/4110

Market felt another day of fresh selling & Bears getting upper hand slowly slowly over Bulls. Now Nifty has neared important support zone of 4190. We may open gap down & may test this area in opening itself & bounce, after extremely weak global cues. Technically, closing below it, we have fair chance of testing 4040-3950 zone. So be cautious in your holdings.
As usual we notified & cautioned all our readers
(3000+ Through Various Mediums) well in advance (On 11th June) & we would like to take full credit of it. We told at its recent high zone of 4700-4800, when all TV analysts were Bullish for 5000+ zone.

Commodity Levels For 23/06/09: Click Here
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