As said yesterday we broke the wedge and came down.All markets are in RED.we are in oversold region on Intrady charts.So we may have a gap down opening and move upwards.But once again i repeat it will be a pullback,On reversal you can short.Yesterday we have closed below 4570.
Stratergy :
Short Term : Bearish
Intraday : Bearish ( Volatility seen )
Resistance : 4610
Support : 4535 / 4495 / 4460
Thursday, June 19, 2008
# NIFTY FUTURE for 19/6/2008
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