Monday 24 December 2012

Intraday Market Trend-24/12/2012

 Nifty future opened gap down and remained lower for the whole session and found support around 5850. On daily charts, its closing indicates a lower consolidation which appears to give a breakout below its important support of 5830. On higher side, 5900 is seen as the key resistance level.
TREND: SIDEWAYS
SUPPORT : 5810 & 5770
RESISTANCE: 5905 & 5950

Intraday Market Trend-24/12/2012

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