Tuesday, May 6, 2008

NIFTY TECHNICALS ( SPOT )

Like mentioned yesterday upmove possible only above 5200 / 5264 - true to that markets made a high of 5206.5 & down went to Support @ 5115.
Now,
Resistance : 5264 & 5200 ( upmove possible only above this ) , 5168, 5150, 5298, 5315, 5325 & 5350.
Support : 5115, 5050(60), 5000 & 4970(80).
Stop Loss : 4990
Happy Trading!!

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