June 12, 2009

Intraday View For 12/06/09

Nifty: Resistance 4664/4680/4720/4745
Support 4620/4591/4555/4520

Nifty gave traders a wonderful time yesterday with giving chance on both side to trade.Nifty traded in high volatile way & Nifty made a exact high of 4680 yesterday as per our resistance level given. I hope all read our expected movements for Nifty in coming days.
Expect a flat/+ive opening in Nifty, with selling pressure witnessed at higher levels.
Mid-Caps & Small-Caps are not seeing buying interest from past few sessions, this calls for a alert view on them.

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

No comments:

  © ValueMCX 2011

Back to TOP