\

Tuesday 6 November 2012

NIFTY TREND 07-Nov-2012

Today the first resistance for nifty is at 5742-46 level. Next resistance ranges are at 5762-65,5787-90,5810-15,5830-35,5863-67,5888-93,5917-22 levels. On downside first support is at 5685-80 level. Next supports are at 5659-55,5625-20,5603-98,5572-67,5552-47,5518-13,5488-83,5465-60, level.So today 5746 and 5765 will be the resistance area and above this level bullish trend may continue and on downside be alert and avoid longs below 5680 level.

To Get Free  Tips:

Stock Tips
Forex Tips
Commodity Tips
8878998885

1 comment:

  1. As per Federal bank technical research report one should go short in this counter. Federal bank is looking quite weak at current level and is expected to fall further. Positional traders can go short in Federal bank from current level for good gains.

    ReplyDelete

Free Trial
Web Analytics