LAST WEEK MARKET CAME DOWN TO OUR SELL LEVEL AND IDEAL TARGET IS ACHIVED.
ON THIS WEEK 8/2-12/2/2010
MARKETS ARE NOW ALSO IN BEAR GRIP BUT THIS WEEK THERE MAY BE A TECHNICAL BOUNCE IS THERE.
IF NIFTY CAME UP SIDE ABOVE 4847 THEN OTHER HURDLES ARE AT 4915, 4996, AND 5057.
IF NIFTY BELOW THE 4790 LEVELS IT IS IN BEAR HAND AND BREACHES THE 4663, THEN SUPPORTS ARE AT 4608, 4568, AND 4540.
THE TURNING POINT IS THE 4778 ABOVE THIS LEVEL IS BUY BELOW THIS LEVEL IS SELL.
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