Saturday, August 23, 2008

WEEKLY TECHNICALS 25 TH AUGUST.

NIFTY FUTURE: CLOSE- 4324

WEEKLY: HIGH-4458 LOW-4252

Stop/Reverse : 4345

R1 : 4437 R2 : 4551
S1 : 4231 S2: 4138

as markets are in oversold zone in intra day charts, an upward bias can be expected at the start og the week.the daily charts still has a downward bias so weekly s/r being 4345..trade according with strict stop losses. happy trading.

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