Archive for January 5th, 2010

Tuesday, January 5th, 2010

Nifty Technical Analysis

Nifty trading with very low Volatility , lowest in last two years.
Nifty’s  performance  is weaker than Nasdaq in last one month.
Market Breadth : -
Market Trends :   Intermediate trend is UP.
Intermediate trend of market will turn DOWN if market closes bellow 5160 & 17323 for Nifty & Sensex respectively.
Support levels for Nifty  4985 , 4800 , 4 700.
Resistance levels for Nifty are 5180, 5330 , [...]

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