Shorts being covered on every dip last week, nifty is poised for positive settlement. Levels for this week are NF 4474-4540-4608-4650. NF 4596-4626 likely to offer resistance and support remains around 4474-4422.
With strong global cues, nifty future will open gap up and then decide its course. NF has to stay over 4560-4578 for momentum to continue.
Monday, August 24, 2009
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