Sell with stop 1605 EOD, target 1275
16 July, 2008
13 July, 2008
06 July, 2008
02 July, 2008
01 July, 2008
Long Term View
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhs9VIX4fKhwNNSyt_5i2mvFKlmu98Qvrm3dWzhIOkt2Kbg-dRkyAhKHQ9MOrSVbqf0Q8Ebfa_FasEzyqhUXI4-r_OZzIY3B-CH-um_LitJNdGS1JYA2Tk873RmxCoq_KN3G1V_qMJTHCc/s400/ss.png)
Nifty has fallen considerably from 6356 to below 4000 level. It is now approaching a long-term trendline which has held from 2004. Will the fall stop here?? We have to wait and watch. For now 3877 would be a support. If this doesn't break we could bounce up.Below 3877 we can see 3552 and below that 2666 on the Nifty.
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