June 24, 2009

Intraday View For 24/06/09

Nifty: Resistance 4268/4281/4333-4342/4374
Support 4222/4190/4140/4111

Yesterday we saw 100% movement as expected & wrote by us. We opened below important support zone of 4190 & bounced back smartly to close in green. With now expiry just 1 day ahead, we would see alot of volatile movements on both side & stock specific movements. Bounce from lower support levels are expected but, these should be limited & should be used as exit opportunity from longs & safe entry to be considered only sustaining above 4342.
Expect a flat/+ve opening.

Commodity Levels For 24/06/09: Click Here
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No comments:

  © ValueMCX 2011

Back to TOP