Thursday, June 25, 2009

It was a surprise move yesterday and the expected weakness was not seen in NIFTY.

NIFTY almost reached 4325 levels yesterday, what I thought was a very very remote possibility. It looks like it can break that level at open itself as sgx nifty is suggesting. not sure if it will have enough strength today to push it to 4450 levels.


A good expiry level would be 4337, same as that of last month.

Resistance levels : 4325, 4352, 4395

Support levels : 4280, 4265, 4236


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Happy Trading
www.tripleint.com

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