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Wednesday 25 July 2012

Nifty Trend for Today- 26-july-2012

Nifty: The Nifty is likely to open flat on the back of flattish Asian cues. It is likely
to trade in the range of 5080-5160. The trading strategy would be to create long
positions if the Nifty takes support at around 5090 levels for targets of 5125 and
5145. On the other hand, one can also create short positions if it resists at
 around 5160 levels.

Bank Nifty: The Bank Nifty is likely to trade in the range of 10200-10550.

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