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Nifty has resistance at 4218: India Capital Markets

Published on Tue, Jul 22, 2008 at 10:30 , Updated at Tue, Jul 22, 2008 at 10:32
Source : moneycontrol.com

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According to India Capital Markets Technical Analysis report, Nifty has a support at 4133 & 4098 and faces resistance at 4189 & 4218.

India Capital Markets Technical Analysis report:

For today Intra-day, Nifty has a support at 4133 & 4098 and faces resistance at 4189 & 4218. Nifty above 4191 will set a target of 4224, 4242, 4281 & 4313. Nifty below 4118 will set a target of 4088, 4067, 4044 & 4013. In our last report we stated that “NIFTY IS TRYING TO FORM A BOTTOM AT 3794”. Until Nifty is above 3794 on closing basis down side looks remote.

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Well forget Dow for low tech booms and high tech booms, look at Nikkei of 1990`s, look at Nasdaq of 2000`s for high...

in Market Analysis - Technical View - me2_4india at 12-Oct-08 12:33

For Monday October 13th

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