Tuesday, June 9, 2009

Nifty Update for June 9 - Inder Bhatia

The Indian market opened gap-down and saw a rebound from the lower levels, and closed with handsome gains. For the coming session trading above 4570 it is likely to test 4618-4652 zones. On the lower side trading below 4490 it will test 4460-4430 zone. The RSI is still showing negative divergences.

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