Google+ VIEW FOR 02-07-2009 ~ NIFTY DEMYSTIFIED

Thursday, July 2, 2009

VIEW FOR 02-07-2009



So, 4370 level can well be the pivotal zone for the day for the upside breakout scenario.


Support for the day will be at 4303-4291, below which 4267-4257 is possible.
So for the coming session,

Supports: 4303-4291 is crucial. Below that nifty can get weak and target 4267/57-4220 and further downward levels.
Resistances: 4373/76 is crucial, above that 4402 is possible,which is a another crucial one. A convincing cross above 4425 can bring upward momentum into it.
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