Friday, August 7, 2009

NIFTY TARGETS N SUPPORTS

IF ,nifty trades below, the support level of 4551...it has suppors at 4513 and 4454-4440 zone,,readers should take note of these levels and trade accordingly.....within a few days any move above 4615...will be a boost for bulls again...untill that happens..its a corrective fall.

ALSO, on a quick note,,,i have a feeling that we will be in a rangebound market for a month or more, betwwen pehaps 4400-4600..or may be betn 4300--4700..this is a feeling..so i dont expect, a powerfull move on either side for some time...on the upside though, above 4730...tgts are bound tobe achieved.

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