Thursday, August 20, 2009

Profit with Phoenix as on 21/08/2009

Dear All,
Market has opened negative along with the run way with global markets. Unless Nifty(Fut) sustains above 4487 we may not expect a possitive rally from here, but not sure about the fall on nifty.
Riskey Traders: Sell Nifty @ 4412 for a Tgt of 4392/4390/4386 sl 4434....
Todays levels for Nifty(Fut) to trade with are:
Nifty(Fut): Base: 4428
Res: 4456/4463/4485/4514
Mid Res: 4442/4456/4471/4499
Supp: 4428/4400/4372/4343
Mid Supp: 4428/4414/4386/4357
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