Previous Day View: Nifty Open:5462.10 High:5486.55 Low:5454.70 Close:5477.90 (+15.55)
Indian shares ended higher today after the European market edged up as the sentiment for global equities has improved subsequent to the overnight revival on Wall Street. TheNSE Nifty advanced by 15.55 points or 0.28% to end at 5477.90 and BSE benchmark ended at 18226.35, advanced by 46.71 points or 0.26% .
Yesterday Nifty face resistance at 5477 and came down to 5454.70. After that Nifty take a support at this level and went upto 5482.25. Finally Nifty close at 5477.9.
Click and see here what we told yesterday
Nifty Intraday Trend Analysis for 27/08/2010
Nifty face Resistance at 5487. If nifty reach this level go short and keep stop loss at 5496. Target 5472,5469. Above 5496 go long and keep stop loss at 5487 target 5512, 5515.
Nifty take support at 5469. If nifty reach this level go long and keep stop loss at 5460. Target 5484, 5487. Below 5460 go short and keep stop loss at 5469 target 5445, 5442.
Happy Trading.
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