Tuesday, July 10, 2012

Nifty Watch

Nifty closed in its resistance zone at 5356.
Today Nifty opened at 5284 and traded in its upper zone. Nifty made its day high at 5363 and low at 5280 and closed at 5356 with an intraday rise of 72. Today Nifty traded in a wide range and closed on a bullish note, buying is suggested tomorrow if it holds above 5366.Short selling is not suggested in this market.
Trend -: Long Term Trend is sideways. Intermediate and Short Term Trend are up.
Levels -: Support at 5200 and Resistance at 5400.
Note: Nifty Near prices are taken for analyses.


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3 comments:

Nawal said...
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Nawal said...
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Nawal said...

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