Monday, August 6, 2012

07/08/2012 Trading view

Nifty made a low of 5260 high of 5293 and closed at 5282 which is 66 points high from previous close.

Nifty opened gap up and maintained the gap through out the day.

Nifty is finding resistance at 5300 , Nifty finds support at 5260-5240.

Nifty is struggling to cross the 5300 zone. Until holding of 5260 it can go towards 5350.

Major support comes at 5220.

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