Nifty: Resistance 5203/5222/5252/5275
Support 5165/5151/5115/5094
Nifty traded 100% as written yesterday, Nifty traded in the mentioned range. Today being expiry of December month & ahead of a long weekend, Nifty may lack momentum & may again trade in a range till a proper break of either side is seen.
Stock specific movement can be seen. Nifty closing below 5151-5115 only turns weak for small correction, else upside momentum may continue. Expect flat/+ve opening in Nifty in line with Asian Market.
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Happy New Year
December 31, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment