7.15.2012

A pullback may be seen at 1363.00-1364.30 before bulls could go higher

Bulls look strong. A continuous advance next Monday may be, however would face a profit taking pressure at 1363.00-1364.30.
A pullback if any would find dip buyers at 1344.60-1349.80.


The hourly chart looks in favor of bulls for short term. Bears eventually however may win to defend 1389.07.


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