Monday, May 5, 2008

NIFTY TECHNICALS ( SPOT )

Resistance : 5264 ( upmove possible only above this ) , 5298, 5315, 5325 & 5350.Support : 5200, 5168, 5150, 5115, 5050(60), 5000 & 4970(80).Stop Loss : 4990

Like mentioned yesterday upmove possible only above 5264 - true to that markets made a high of 5254.5 & went to Support @ 5168.
Now,
Resistance : 5200, 5264 ( upmove possible only above this ) , 5298, 5315, 5325 & 5350.
Support : 5168, 5150, 5115, 5050(60), 5000 & 4970(80).
Stop Loss : 4990
Happy Trading!!

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