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	<title>Trends Today &#187; technical trend of stocks</title>
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		<title>Nifty Today</title>
		<link>http://www.trendstoday.in/2009/11/17/nifty-today-2/</link>
		<comments>http://www.trendstoday.in/2009/11/17/nifty-today-2/#comments</comments>
		<pubDate>Tue, 17 Nov 2009 10:08:30 +0000</pubDate>
		<dc:creator>Nishant Kalaskar</dc:creator>
				<category><![CDATA[Daily Updates]]></category>
		<category><![CDATA[Daily Nifty Analysis]]></category>
		<category><![CDATA[medium term trend]]></category>
		<category><![CDATA[medium term trend of stocks]]></category>
		<category><![CDATA[medium trend of stocks]]></category>
		<category><![CDATA[Nifty]]></category>
		<category><![CDATA[Nifty 50]]></category>
		<category><![CDATA[nifty resistance]]></category>
		<category><![CDATA[nifty support]]></category>
		<category><![CDATA[Nifty target]]></category>
		<category><![CDATA[sensex]]></category>
		<category><![CDATA[share trading]]></category>
		<category><![CDATA[short term trend]]></category>
		<category><![CDATA[stock trend]]></category>
		<category><![CDATA[Stock trends]]></category>
		<category><![CDATA[support for nifty]]></category>
		<category><![CDATA[Techncial Analysis]]></category>
		<category><![CDATA[technical analysis of nifty]]></category>
		<category><![CDATA[technical trend of stocks]]></category>
		<category><![CDATA[trading strategies]]></category>
		<category><![CDATA[Trading tips]]></category>
		<category><![CDATA[trend]]></category>

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		<description><![CDATA[Tuesday   Nifty Support near 5020.  Resistance near 5060. IT Stocks were strongest today. Global market trend was down during  Indian market hours.  Moderate chances of short term trend turning down.   -                                                                                                                         -                                                                                                                                                                                                                                Market Breadth :  1.00   Market Trends : Short  term trend of market is Up.  Medium term trend is Up.  Medium term trend of market will turn Down if market closes above [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Tuesday </strong>  Nifty Support near 5020.  Resistance near 5060. IT Stocks were strongest today. Global market trend was down during  Indian market hours. </p>
<p>Moderate chances of short term trend turning down.</p>
<p><strong> </strong> <span style="text-decoration: underline;">-                                                                                                                         - </span>                                                                                                                                                                                                                               <span style="color: #ff0000;"><span style="color: #000000;"><strong>Market Breadth :</strong>  1<span style="color: #008000;">.00</span></span></span><span style="color: #008000;">  </span></p>
<p><strong>Market Trends</strong> : Short  term trend of market is <strong><span style="color: #008000;">Up</span></strong>.  Medium term trend is<strong> <span style="color: #008000;">Up</span></strong>.  Medium term trend of market will turn <strong><span style="color: #ff0000;">Down</span></strong> if market closes above <strong><span style="color: #008000;"><span style="color: #ff0000;">4540 &amp; 15330</span></span> </strong>for Nifty &amp; Sensex respectively.</p>
<p><strong><span style="color: #008000;">Support</span></strong> levels for Nifty are 5030 , 4940 , 4900,  4855 , 4 700,  4670<strong> ,</strong> 4560 , 4520.</p>
<p><strong><span style="color: #ff0000;">Resistance</span></strong> levels for Nifty are  5060,  5090 ,  5180 , 5550 , 6200.</p>
<p><strong>Breakout  Stocks of the day :</strong> PFC , TCS , Sterlite.</p>
<p> <span style="color: #993366;"><em><span style="color: #000000;">Reading</span></em><em><span style="color: #000000;"> Glossary is recommended for better understanding of this column</span>.           </em></span><span style="color: #008000;"><em><span style="text-decoration: underline;">                                                                                                                                       -</span></em> </span></p>
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