Tuesday, May 28, 2013

NIFTY DAILY 28 MAY 2013



Nifty Daily News 

Nifty Today-: Today Nifty opened at 6071. Nifty made high at 6127 and low at 6048. At the end nifty closed at 6112.

Trend -: Long Term Trend is down. Intermediate and Short Term Trends are up.
Today Nifty traded in a range of 90 points and ended on a positive note, with prices closing above the moving averages. Traders may buy at support level with a stop at 5980, but one should remain cautious as there seems to be a negative divergence between the prices and indicators.

Nifty for short term 

Support
Resistance
6091
6119
6074
6134
6054
6148

at

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