As said yesterday Nifty took a good support at our second target.Nifty Future is at major support level and a bounce back from these levels is seen before going further down.Major resistance for the upmove is 4040 / 4140 / 4179.In intraday 5 Min chart a falling wedge pattern is seen.All the indicators show we are in oversold region.One can go long keeping 3953 as SL.
Tuesday, July 1, 2008
# NIFTY FUTURE for 01/7/2008
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