Friday, June 12, 2009

CONSOLIDATION

Market is looking tired at these levels after achieving the target of 4648. Caution required in buying at higher levels . May remain range bound. Today's pivot is NF 4638 with resistance at 4668 -4691 and support at 4818-4594. Strong over NS 4659 and weak below 4612 and break of yesterday's low can take it to 4550-4540