Sep 28, 2011

Break Faliure

Quite apt to say at this point of time.

Just one day and people are again tilted towards the downside. The resistances are increasing on the upside and are facing severe selling. Look at the volumes at 4950 to get an idea.

4900 is the key for tomorrow and more appropriately 4880 . Below it deep cut till 4750.

Probable Range 1 : 4880 to 4995
Probable Range 2 : 4750 to 4880
Probable Range 3 : 4750 to 4960

Expiry tomorrow play with tightened seat belts .

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