Nifty has just fallen below its good support at 4100 which indicates further weakness in the index. The next support for it is now 4000 and only 4000 can save this market, below this small supports exist at 3950-3980.
This fall is being fuelled by other Asian indices, like Nikkei and Hangseng.
Bulls are advised to go to sleep!
Friday, August 17, 2007
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