Monday, August 17, 2009

RANGE BOUND

Nifty is expected to be range bound as long as NS 4430 is maintained. Weekly S/R is NF 4516 and first support around 4409-4425 with resistance in range of 4650-4682. Watch Gap up zone in sensex 15213-15055.
Today is the gap down day with support around NF 4521-4489. ... strength only over NF 4579