Good pullback and shotcovering seen yesterday.Nifty moved more than 5% up.All global markets are trading in red.And crude is trading at all time high $144.
Yesterday Nifty Future got resisted at our level of 4065.
Coming to our market we may open gap down from there ????????????
Resistance 4128 / 4175 / 4227 / 4248 / 4318
Support 4014 / 3944 / 3911 / 3886 / 3860
If 4128 ( Reverse Trendline marked in RED ) breaks on upperside the momentum turns up.PULLBACK RALLY ONLY DONOT TAKE POSITIONAL LONGS.
Thursday, July 3, 2008
# NIFTY FUTURE for 03/7/2008
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