Thursday, August 6, 2009

The more the consolidation..the more the upside !!


Yesterday was another consolidation and as mentioned earlier, the undercurrent is very much bullish as long as 4580 level is not broken on the downside.

Today we might see new year highs on a break above 4718 as mentioned earlier, i.e to the level of 4767.

The key levels remain the same.

Resistance levels : 4718, 4739, 4767, 4816

Support levels : 4664, 4630, 4580


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Happy Trading
www.tripleint.com

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