12-6-2008 Views

Hi, Nifty has closed above 4500 at 4535 . Today if NIFTY sustains above 4547,4557 there will upward movement otherwise NIFTY will come down to 4350. It touched 4541 as high point and reacted to make a low below the opening ,4468.05(O;4469.65). Today on 12-6-2008 NIFTY should not go below this point.In the event of Nifty travelling down this point again 4350 range will come to support and take Nifty above 4500. Now Nifty will have to show strenth above 4540 . While the author of this post is not responsible for the profit or loss incurred by the readers due to decisions taken based on this post he wishes every one a very prosperous day.