30/07/2012 Trading View
Nifty made a high of 5150 low of 5077 and closed at 5100 which is 56 points up from previous close.
Nifty made a gap up open and filled the gap during the day. Nifty have the resistance in the area between 5150-5190 which will be hurdle for the Nifty to cross. On crossing this it can go towards 5350.
As this week today we have RBI monetary policy meet and FOMC meeting is scheduled the result of the meet will decide the further move.
Nifty has the support at 5076 and another support at 5020 . If Nifty breaks 5020 it can turn to bear phase and it can go towards 4850.
Nifty made a high of 5150 low of 5077 and closed at 5100 which is 56 points up from previous close.
Nifty made a gap up open and filled the gap during the day. Nifty have the resistance in the area between 5150-5190 which will be hurdle for the Nifty to cross. On crossing this it can go towards 5350.
As this week today we have RBI monetary policy meet and FOMC meeting is scheduled the result of the meet will decide the further move.
Nifty has the support at 5076 and another support at 5020 . If Nifty breaks 5020 it can turn to bear phase and it can go towards 4850.
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