Archive for June 30th, 2010


Wednesday, June 30th, 2010

NIFTY Technicals

NIFTY Outlook American index Nasdaq , S&P 500 have broken important support levels on Wednesday , signs of long term bearishness. Despite of Wednesday’s sharp recovery Nifty remains in Intermediate downtrend. 5300 is important support & 5340 important resistance  for Nifty on Thursday. 5120 or 4950 levels are targets for currant intermediate downtrend. Moderate risk [...]

Read More »

Tags: , , , , , ,
Posted in Daily Updates | Comments »