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Sunday 4 August 2013

NIfty Spot (05/08/2013 - 09/08/2013)

NIfty Spot (05/08/2013 - 09/08/2013) 

From 6061 to 5649 Nifty made a very good downside move within 9 trading days.
Now a close below 5663 can drag Nifty more down towards 5614 to 5596 levels and again a close below 5596 may take Nifty towards 5497, 5480 and 5435.
The major resistance levels are 5733, 5797, 5871, 5898, 5944
and
Major support levels are 5614, 5596, 5497, 5480, 5435


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