Archive for January 13th, 2010

Wednesday, January 13th, 2010

Nifty Techncial Analysis

Wednesday Nifty has taken support near intermediate bottom of 5160. Intra day support for Nifty was  near 5170 & resistance near 5240.  IT  stocks were the strongest for the day while Auto stocks were weaker than market. Global market trend was down during  Indian market hours.
High chances of short term trend turning up.
-                                                                                                                         -
Market Breadth : 1.80
Market Trends [...]

Read More »

Posted in Daily Updates | Comments »