INTRA DAY trade

14th Aug was a choppy trading session as expected by us, operators tried to hold markets in positive territory.We are expecting markets will open in red around 48-54 points as the ques we are getting from the world. Short sellers will be active today and they will be gainers.Once the markets decisively breaches the 4410-4420 we could see levels of 4380 and 4347, but 4380 is positively expected. Small investors would remain cautious , however I would bet on short selling.

Supports: 4544,4516,4441, 4416,4380 and 4347.
Resistance at higher levels: 4573, 4605.

Yesterday's Snapshot :

Intrday Nifty low : 4559.35
Intrday Nifty high : 4619.00
Close : 4580.05

Hot pics : (Intra Day)
Short sell IFCI 52.80~52.80 and stop loss 53.25.

NOTE:

1. Don't be greedy while trading , STRICT Warning .
   
2. Sources http://www.nseindia.com/ and http://www.rajatkbose.com/
   
3. These are just predictions , nobody can challenge us.