Google+ VIEW FOR 19-08-2009 ~ NIFTY DEMYSTIFIED

Wednesday, August 19, 2009

VIEW FOR 19-08-2009




Supports: 4442/40 holds the key for the day. Below that 4400/02 will be on the cards. Breaking that level can initiate larger downside up to 4262/59-4210, with a mild supports at 4360-4330/23.
Resistances: 13 Ema @ 4503 and corrective projection at 4507, so it can resist for the day. Above that 4560-4575/80 may come and decide the further move possible in Nifty.

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