Wednesday, July 9, 2008

Nifty Update for July 10 - Inder Bhatia

Daily Chart: The Indian market closed in the green zone. Market saw a gap-up opening and continued to sustain gains throughout the session. Nifty had seen a breakout from a trading range of 3850-4104 and managed to closed above breakout levels. For the coming session we can see that the Nifty can test 4260-4300 levels. On the lower side 4100 will act as a support zone.

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