Archive for February 15th, 2010


Monday, February 15th, 2010

Nifty Technical Analysis

Monday. Nifty failed to sustain above 4840. As written on Thursday many stocks faced selling pressure throughout the day.  Nifty established 4790 as intra day support. Intra day  resistance for Nifty was near 4840. IT stocks were strongest for the day. Global market trend was direction less  & weak during  Indian stock market hours.
Observations:

The weak  recovery [...]

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