Google+ VIEWS FOR 08-05-2009 ~ NIFTY DEMYSTIFIED

Friday, May 8, 2009

VIEWS FOR 08-05-2009


Hi friends, it's 3:30 in the night and I am updating my blog for tomorrow because of my server problem from evening. For the session coming the main supports are placed at 3741 and below that 3616. Below 3616 there will further weakness which can lead nifty down to 3570 and 3508. From a trader perspective 3508 really hold the key to maintain the momentum upward. On the upside resistances at 3693 and above that 3717 and 3735 is very much possible. So as a whole keep close eye on 3641-3616 level to decide the trend for the day.

Supports: 3641-3616-3570-3509
Resistances: 3693-3717-3735/45-3785/93
Trade safe and take care!

0 comments:

Post a Comment