Again Market crashed today as we have predicted. It can't hold the bullish trend and stay below of the yesterday's closing level. Today Market has again shown selling pressure and Sensex closed at 16,146.33 with the -138.65 down points or down by -0.85%. And the Nifty closed at 4,839.60 having -49.30 negative points or -1.01% down. It is not a good time to make a long position, we recommend that trade in intraday basis.
Technical Levels for Nifty for Tomorrow: 26th Aug '11
Resistance : R1 : 4910, R2 : 4980.
Support : S1 : 4770, S2 : 4710.
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