Equity / Stocks - Nifty trends in MARKETS - NIFTY SPOT TREND-CONSOLIDATE
RESI 1: 5660
RESI 2: 5700
SUPP 1: 5590
SUPP 2: 5500
STRATEGY: BUY ON DIPS
BANK ...
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11-27-2012 02:35 PM
Nifty trends
NIFTY SPOT TREND-CONSOLIDATE
RESI 1: 5660
RESI 2: 5700
SUPP 1: 5590
SUPP 2: 5500
STRATEGY: BUY ON DIPS
BANK NIFTY FUTURE TREND- CONSOLIDATE
RESI 1: 11550
RESI 2: 11660
SUPP 1:11300
SUPP 2: 11200
STRATEGY: BUY ON DIPS
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11-28-2012 03:48 PM
Markets witnessed gap up opening and then remained on higher side for the whole session and closed on a strong note. Nifty future was able to hold above its important resistance level of 5700 closing above this level indicates certain strength where it may test the next major resistance level of 5800 in the coming sessions. On lower side, support is seen in the range of 5680-5650. Volatility is expected due F&O Expiry in the coming session.
TREND: SIDEWAYS
SUPPORT : 5680 & 5650
RESISTANCE: 5780 & 5820
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