NIFTY SUPPORT
Nifty may face resistance near 4660, 4690, 4715 and may take support near 4610, 4585, 4560, 4545, 4520. Today, If Nifty takes support near 4585-4545 support zone on intra day decline or gap down opening, it will bounce back and move in upward direction. At higher levels if Nifty touches 4690 and faces resistance to move beyond this level, it may surrender its gains and may fall to lower levels.
INTRADAY STOCK
INFOSYS :
Buy this stock lower levels near 2060, 2055, 2050 on evidence of support and bounce back for targets of 2075, 2095, 2015. Keep stop loss at 2040.
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Posted by
Dharmik Patwa
Tuesday, August 25, 2009
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