Tuesday, August 18, 2009

Profit with Phoenix as on 19/08/2009

Dear All,
Market seems to be week, we dont have a gud support from the global markets too. Netural points with Nifty & Sensex is still week. We may fall further to meet supports with 4200/4045/3900...... Tradres are requested to follow strict SL with their positions. If this week is going to end with negative points the next 3-5 weeks close shall be negative, that may further bring nifty till 4100/3900 levels.

Todays trend with Nifty shall be volatile:
Nifty(Fut) : Base: 4433
Res: 4492/4530/4626/4722
Mid Res: 4462/4511/4578/4674
Supp: 4395/4337/4240/4144
Mid Supp: 4414/4366/4289/4192

Ur valuable comments & suggestions are welcomed.

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