02/08/2012 Trading View
Nifty made a low of 5212 high of 5246 and closed at 5240 which is 11 points up from previous close.
As Nifty is not able to have a follow on move bullish is loosing its momentum so any dip below 5210 will take Nifty to downward direction.
Nifty has support at 5210 and 5150 and the resistance comes at 5250.
On crossing of 5250 Nifty can go towards 5300 . Until holding of 5210 bulls will be intact.
Breaking of 5210 will take down to 5150 and further.
Nifty made a low of 5212 high of 5246 and closed at 5240 which is 11 points up from previous close.
As Nifty is not able to have a follow on move bullish is loosing its momentum so any dip below 5210 will take Nifty to downward direction.
Nifty has support at 5210 and 5150 and the resistance comes at 5250.
On crossing of 5250 Nifty can go towards 5300 . Until holding of 5210 bulls will be intact.
Breaking of 5210 will take down to 5150 and further.
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