Weekly trading range for week ending 21 august 09
the broad weekly range for nifty may be 4455 on the lower side and 4620 on the higher side. A decisive breach of 4455 and inability to sustain above it may pull down nifty to retest 4360 levels. Us markets now having been entangled by adverse planetary effects may fall that may induce nifty to fall towards sub 4400 levels again. On the higher side a decisive cross over of 4620 & a close above it only may catapult nifty towards 4731 levels.
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