Global Weakness
Monday Global market trend was weak & negative. Chances of short term trend turning down are moderate in our market. Securing 60 to 90 % of total profit is one of the best strategies now onwards.
Market Trends : Short term trend of market is up. Medium term trend is UP. Medium term trend of marekt will turn down if market closes bellow 4780 & 16120 for Nifty & Sensex respectively.
Support levels for Nifty are 4940 , 4900 , 4840 , 4800 , 4780 , 4730 , 4680 , 4650 , 4580.
Resistance levels for Nifty are 5000 , 5060 , 5220 , 5470 ,5650 , 5800 , 6380.
This entry was posted on Monday, September 21st, 2009 at 6:56 pm and is filed under Daily Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
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