World Market

Tuesday, August 10, 2010

Nifty View on 11/08/2010

Nifty 09/08/2010 : Open 5486.80, High 5491.45, Low 5445.35, Close 5460.70



 Nifty take support level at 5469 and try to move up but fail to move up. After that break the support level 5469 and came to down side break out zone. But nifty fail to sustain below down side break out zone. Finally nifty close a sideways.

Today's levels:

  Nifty face Resistance at 5474.If nifty reach this level go short and keep stoploss at 5486. Target 5456,5450. Above 5487 go long and keep stoploss at 5473 traget 5503, 5510


 Nifty take support at 5448. If nifty reach this level go long and keep stop loss at 5435. Target 5465, 5471. Below 5434 go short and keep stoploss at 5449 traget 5420, 5415

Happy Trading. 

No comments:

Post a Comment