Thursday, May 22, 2008

NIFTY TECHNICALS ( SPOT )

Makes Low of 5010.7 – could not sustain above 5115. closes above Support 4.
Now,
Support : 5000, 4970(80), 4950, 4920, 4880 (86), 4836(46), 4798, 4720(40),.. 4640(50).
Resistance : 5050(60), 5100, 5115, 5150, 5163, 5168, 5180, 5200, 5245(50).
Nearing Strong Support Zone of 4920 – 4980. 5163 remains point to watch!
Happy Trading!

2 comments:

jurrat82 said...

very good as usual.Keep it up.

bhoomi said...

very nice post... as a person who is involve in nifty trading as well, i learned some stuff as well.. MCX tips