Nifty Today

• Nifty stuck in the range of 5200-5270.
• Short term trend is up now.
• Intermediate trend of market will turn DOWN if market closes bellow 5200 & 17340 for Nifty & Sensex respectively.
• Sharp moves possible.
• Protect Gains. Protect Capital.

Market Technicals:

Market Breadth : 1.50

Market Trends : Short  term trend of market is up. Intermediate trend is UP.

Intermediate trend of market will turn DOWN if market closes bellow 5200 & 17340 for Nifty & Sensex respectively.

Support levels for Nifty are 5240 , 5160, 5000 ,  4950 ,  4840 , 4800 ,4690 , 4650 , 4470, 4050 , 3300 .

Resistance levels for Nifty are ,5300 , 5330 ,5400,  5570.

-Nishant Kalaskar.  (9881575125)

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Tags: Breakout Stock, Daily Nifty Analysis, medium term trend, nifty resistance, nifty support, nishant kalaskar, sensex, stock market, technical analysis of nifty, trading strategies, Trading tips

This entry was posted on Thursday, March 25th, 2010 at 4:22 pm and is filed under Daily Updates. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.