Sunday, February 5, 2012

06/02/2012 Trading Views

Nifty closed at 5325 for the week.

Nifty made a big bull candle and closed above 200 DMA in this week
which is a positive sign 9 months.

Nifty will find resistance at 5400 and 5450.

Nifty will find support at 5270 and 5220.

A correction is expected as every indicator is in overbought zone.

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