Tuesday, May 20, 2008

NIFTY TECHNICALS ( SPOT )

Mentioned yesterday – “ Markets up till 4920 & 4970(80) not breached ! But needs to close above 5163” – Makes High of 5160 & tumbles to 5072 near 4th Support & closes above 3rd Support.
Now,
Support 5100, 5050(60), 5000, 4970(80), 4950, 4920, 4880 (86), 4836(46), 4798, 4720(40),.. 4640(50).
Resistance 5115, 5150, 5163, 5168, 5180, 5200, 5245(50).
5163 remains point to watch!
Happy Trading!

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