Support and Resistance for 29/08/2008

Wow it's amazing look at the 3 support  on 28/08/2008 exactly Nifty cash rest on that point ,The bearish trigger for the Nifty cash will be 4240, below which the bears will remain in charge

Key Resistance For Nifty cash

Resistance1: 4234 Resistance 2: 4267 Resistance 3: 4332 

 Key Support For Nifty cash 

Support 1 4272 Support 2 4239 Support 3: 4174

Nifty Support and Resistance for 28/08/2008

Key Resistance For  Nifty cash
Resistance1: 4316 Resistance 2: 4349 Resistance 3: 4415 
 
 Key Support for  Nifty cash
Support 1 4312 Support 2 4279 Support 3: 4214

Nifty Support and Resistance

Support and Resistance of Nifty(cash) for 26/08/2008

Key Resistance For the price

Resistance1: 4351 Resistance 2: 4384 Resistance 3: 4450 
  
Key Support for the Price 

Support 1 4366 Support 2 4333 Support 3: 4267

Nifty is headed towords 4500

Key Support for Nifty cash

Support 1:  4304  Support 2:  4271 Support 3: 4206

Key Resistance For Nifty cash

Resistance1: 4281 Resistance 2: 4313 Resistance 3: 4379

Candlesticks Analysis: Three black candles occurred in the last three days.  
Although these candles were not big enough to create three black crows, the 
steady downward pattern is bearish.
Keep close watch on 4385 below this level Nifty may drag upto 4180 to 4229 

EOD chart for 08/08/2008