Wednesday, September 3, 2008

Under Virus Attack

My machine, being under heavy virus attack, is refusing to open any program (including internet explorer) which is why I couldn't post anything yesterday. Today also I am posting from another computer but without the benefit of any charts. As regards the markets, the Nifty continues to move between 4200 and 4650. While there is heavy resistance in the 4600-4650 zone, some mild resistance can also come at around 4500 levels. It was probably the $7 fall in crude today (which brought it below the $110 support level) which made the markets shoot.

More tomorrow. Or, when my computer is back to normal (which I hope will be tomorrow).

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