Wednesday, August 27, 2008

Nifty Update for August 28 - Inder Bhatia

The Indian market opened on a positive note but was not able to sustain at higher level. The market saw a selloff in the last trading hour. The Nifty traded in a narrow range till afternoon, and there was sharp selling in the final trading session. For the coming session, if Nifty breaks 4284, we could test the 4245-4177 zone. On the other side 4345 will act as a resistance zone.

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