Friday, August 20, 2010

NIFTY SUPPORT & RESISTANCE FOR 20th AUGUST

NIFTY TODAY
Mode-Flat to Strong
RESISTANCE-5559/5577/5607
SUPPORT-5521/5503/5472

If NIFTY breaches 5577 and stays above atleast 5559 with good volume then NIFTY may see 5605 and 5625.If Nifty breaches 5503 and stays below 5521 then NIFTY is weak.Then expected lower targets are 5475 and 5435.

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