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Nifty..

By Push_limit1985 on Aug 17, 2009 at 09:52 AM
0
NIFTY FUTURE (Last close 4575.10)
The key benchmark indices may extend Friday's (14 August 2009) losses on
weak global cues.
The counter may remain in the range of 4483-4705 this week, break above NF
may move up to 4735/4767 or else break below NF may slip further to
4439/4392.
For today’s trading the counter to gain strength needs to trade and remain
above 4602.75 whereby it may move up to 4632/4667. Strong support for the
counter exists at 4545.25 which if breached decisively NF may slip to
4523/4502.
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Disclaimer: Above recommendations are based on technical analysis and Personal observations. Due care has been taken while preparing these comments; no responsibility will be assumed by the author for the consequences what so ever, resulting out of acting on these recommendations.