Monday, July 19, 2010

NIFTY LEVEL

NIFTY TIPS

Nifty is getting a strong support close to the levels of 5355 to 5370. On friday overall, it was in the range bound movement in the market with high volatility. Nifty is still holding its up trend & may continue it. In the upside the next resistance seems to be around the levels of 5445 to 5455.If it Close above this resistance may take up it till the higher level of 5500 in near term.Traders may go for long in nifty future with the Stop Loss around 5345 for the targets of 5450,5500. So for Today'S session traders should focus on buy on dips in nifty future.

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