# NIFTY FUTURE for 7/10/2008

Russian Stocks plunges by nearly 20%.The country’s largest index-was shut down three times, closing down 18.6% to 752 points.
DOW was down more than 800 points, an intraday record. The stock market rallied during the final 90 min of the trading day, and the DOW finishes below 10,000 for the first time since 2004.
RBI cuts CRR by 50 BPS to 8.5% wef oct 11.
Major Resistance at 3655 / 3761 / 3772 / 3812 / 3823.
Major supports at 3620 / 3550 / 3515 / 3489 / 3423 / 3379.