Thursday, August 7, 2008

Nifty Update for August 8 - Inder Bhatia

The Indian market opened on weak note, traded in a narrow range, and saw some selling pressure at higher levels. Nonetheless, it managed to close in the green zone. For the coming session, if Nifty trades below 4461, we could witness more selling pressure up to 4300-4264 levels. However, crossing above 4620 more upside can not be ruled out.

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