Wednesday, July 8, 2009

SENTIMENTS CRACKED

With the big fall , there has been structural damage and yesterday nifty failed to cross even 4250 shows there is some more to go...however, we will be entering oversold zone. Today's pivot is NF 4188 with support around 4149-4095 and resistance in the zone of 4212-4233. NF has to trade over 4160-4170 for some strength.