Nifty Today
Monday Nifty Showed strength in first half of the session & weakness in second half . Intraday resistance near 5060. Short term trend is up now. Metal stocks were the strongest today. Global market trend was directionless during Indian market hours.
Nifty moving between 4920-5100 from last three weeks. Breakout from this range will start fresh trend .
- - Market Breadth : 6.80
Market Trends : Short term trend of market is up. Medium term trend is UP. Medium term trend of market will turn Down if market closes bellow 4930 & 16630 for Nifty & Sensex respectively.
Support levels for Nifty are 5020, 4900 , 4855 , 4 700, 4670 , 4560 , 4520.
Resistance levels for Nifty are 5060, 5090, 5180 , 5330 , 5550 , 6200.
Breakout Stocks of the day : IDEA.
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This entry was posted on Monday, November 30th, 2009 at 4:14 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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