- Market will open 0.70% & - 1% up
- All Asian Markets are trading in green except Taiwan
- SGX Nifty is up
- Resistance around 4460-4475
- Support around 4320-4330
- Unless Nifty crosses 4500, market is showing downtrend
- Continuous selling by FIIs & drought situation are adding pressure
- Any negative trigger from Asian market or US market might pull nifty below 4320
August 20, 2009
Market Direction
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