Monday, 2 April 2012

NIFTY SUPPORT AND RESISTANCE

NIFTY spot has immediate falling trendline resistance @ 5390.If Nifty manages to close above resistance line,next target will be 5521.If Nifty closes below rising trendline support @ 5300,then nifty can test 200 SMA @ 5148 and 100 SMA @ 5073.
Happy Trading.

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