|
| Key Levels: Nifty support at 4485 |
| Rex Cano / Mumbai Aug 07, 2009, 09:05 IST |
|
Heavy selling towards the end of the day, yesterday saw the markets tank. The Sensex was once again unable to cross the 16,000-mark. On the downside, the index slipped below 15,670, which in turns leads to a further downside to atleast 15,350.
Today, mirroring weak cues from the world markets, the index is likely to break below the 15,350-level and may look to seek support around 15,150-15,190. In case of a pull-back the index is likely to face resistance around 15,715-15,840.
The NSE Nifty is likely to face resistance around 4,645-4,685, while find support around 4,525-4,485.
|
|
|
|
|
|
|
|
|
|
Read Business news in |  |
|
|
|
|
|
|
Advertisements |
|
|
|
|
|
|
|
|
|
|