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Moneycontrol.com >> Message Board >> View Messages >> ONGC
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See strong Nifty support at 4,940: K&A Sec (3)   09-May-08 20:20Tracked by (0)  
Posted by:   MMB Messenger on ( 09-May-08 20:20 )
Price : BSE: Rs 1028.80 ( 0.04 % ), NSE: Rs. 1031.60 ( 0.16 % )
Sushil Kedia of K&A Securities said 4,940 is the number which has a much stronger support. 5,000 really has nothing discernable left in the recent past to act as a support area. Before it goes to 4,940- 4,950 area maybe it can bounce back as much as 250-180-200 as well.
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