Said on Sunday 6th Jul, 2008:
" Point to Watch : 4009Support : 4009, 3996, 3932, 3855, 3738
Resistance: 4017, 4031, 4049, 4089, 4101, 4168, 4176, 4227, 4254, 4318, 4340.6, 4395, 4400”
- Does not violate Support of 3855 and almost reaches Resistance 4227 - High of 4215.5 – Low of 3896.05 – Closes @ 4049
Conclusion: The ability to cross over 4009 on all days made Nifty touch a High of 4215.5, the negatives of inflation, industrial output & crude prices took its toll on Friday & Nifty closed the week exactly on Resistance 4049!
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment