Monday 17 December 2012

Nifty Trend-18/12/2012

Nifty future moved in the tight range with low volumes ahead of RBI Monetary Policy. On daily charts, it is forming a lower consolidation according to which if it falls below 5860 then it will find next support around 5790. On higher side, it will find resistance in the zone of 5930-5970.
 
TREND: SIDEWAYS
SUPPORT : 5840 & 5790
RESISTANCE: 5930 & 5970

0 comments:

Post a Comment