Wednesday, August 22, 2007

Expect Nifty support at 4000.

The previous support of 4000 could be tested today in Nifty spot.Below 4000 things will look ugly. On the upside Nifty has a resistance at 4100, above which it can touch 4150.Most stocks/bluechips corrected with good volumes,weakness will prevail in the market, bounce back is expected and highly anticipitated currently.

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