Nifty CHART

Good Support @ 8320 

Good Resistance @ 8460

Once Break 8460 straight 80-100 points to reach TARGET

from there from short covering.

38.2% of the swing 9119-7997        - 8425

and 50% of the swing  8844-7997 at 8420

So Strong resistance for Short term 8427

Small hurdles 8460 for Bulls to go to

Profit booking area 8539-58 - 161.8% 

of the swing 8332-7997

(Range 8521-8558)

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