Archive for June 17th, 2010


Thursday, June 17th, 2010

Nifty Index Trend

Observations & Possibilities: Up move above 5200 on Nifty is not broad based. 5250 &5120(blue & green trendlines) are important support for Nifty . 5340 & 5400 targets for Nifty’s intermediate uptrend. Any level above 5200 on Nifty  is a better exit opportunity for investors. Moderate risk in fresh long term(1to 3years)investment. Market Technicals Market Breadth : [...]

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