>> Sunday, August 2, 2009
NIFTY Showing some amount of strength.
The global cues are looking positive.
NIFTY Technicals :
NIFTY TRIN at 1.321
NIFTY Range - Between 4400 - 4850
Current Spot - 4636.5
Support - 4580 and 4505
Resistance - 4695 and 4790
Reversal from either of these levels would provide the opportunity to initiate fresh short positions. (Resistance)
NIFTY Short term target : 4750.
NIFTY Autogenerated technical analysis.