Tuesday, July 1, 2008

Nifty 3877 Should Hold, Else 2666 - Ayesha

Nifty has fallen considerably from 6356 to below 4000 level. It is now approaching a long-term trendline which has held from 2004. Will the fall stop here?? We have to wait and watch. For now 3877 would be a support. If this doesn't break we could bounce up.Below 3877 we can see 3552 and below that 2666 on the Nifty.

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