Archive for December 16th, 2009


Wednesday, December 16th, 2009

Nifty Today

Wednesday Nifty found intraday support near 5000. Resistance near 5070. Bank  stocks were the weakest  while IT stocks were the strongest. Global market trend was directionless during  Indian market hours.   Global trend not supporting the medium term downtrend in Nifty. -                                                                                                                         -                                                                                                                                                                                                                              Market Breadth :  1.80  Market Trends : Short  term trend of market is down.  Medium term trend is DOWN.  Medium [...]

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