FOR SMART BSE/NSE TRADERS
(20.04.2007)
E-Mail : ashameed@gmail.com
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NIFTY FUTURES (F & O):
Mild relief rally up to 3993 level (or) up to 4012-4014 zone can be used to book profits.
Question is can bulls able to get past 4031-4033 zone on upper side?
Support at 3973 level.
Mild panic up to 3954 level will be healthy for time being. If breaks & sustains below 3933-3935 zone then bears can start dominate.
Short-Term Investors:
Reversal is seen (Negative) and bulls need to be cautious at higher levels.
If breaks & sustains below 3895-3897 zone then bulls will be in trouble too.
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