Archive for February 16th, 2010


Tuesday, February 16th, 2010

Nifty Technical Analysis

Tuesday. Nifty has successfully closed above 4840.  Nifty established 4790 as intra day support. Intra day  resistance for Nifty was near 4840 , 4980. AUTO stocks were strongest for the day. Global market trend was up during  Indian stock market hours.
Observations:

Moderate chances of Market  testing 4950 on Nifty , the level above which the intermediate trend [...]

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