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Nifty has resistance at 4060-4100: Angel

Published on Wed, Jul 09 at 09:36 , Updated at Wed, Jul 09 at 09:38
Source : moneycontrol.com

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According to Angel Broking Technical Analysis report, Nifty may face resistance at 4060-4100 levels.

Angel Broking Technical Analysis report:

Markets opened gap down and recovered from the day’s low through out the day. The coming trading session is expected to trade positively if it sustains above 13526/4018 levels. Further, indices may face resistance at 13600–13730/4060-4100 levels. On the downside, 13280–13230/3960-3940 levels may act as support. Indices are likely to trade in the broad range of 13800–12800/4100–3840 levels for the couple of trading sessions with stock specific movements. Traders are advised to buy near support levels and not on the rally.

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21st August

ystay nifty 4300 PUT was Rs 30 only.. seeing the bearish technicals i thought what a mouth watering price.. and see...

in Market Analysis - Technical View - radhika_nandlal at 21-Aug-08 03:22

Mkt to be rangebound at 4300-4500 levels: Ashwani Gujral

nifty is heading towards 4100, falling crude could not stop its downtrend as it is purely a technical move. so beco...

in Market Analysis - Technical View - christhubalan at 21-Aug-08 01:11

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