Sunday, August 5, 2012

06/08/2012 Trading View

Nifty made a low of 5164 high of 5220 and close at 5215 which is 12 points down from previous close.

During the opening Nifty opened below 5210 and made a low of 5164 but in the second half it some how managed to close above 5210.

Now on going above 5220 it can go towards 5267 , 5300 and to 5350.

In downside it will find support at 5160.

Any dip up to 5160 can be considered for buying for the target of 5300 and to 5350.

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