Thursday, January 27, 2011

Nifty Supports & Resistance (27-1-11)


As Per The Curcial Support Is Concern Of Nifty It Stand Below 5650 & 5600, But We Are Trading Far Above That Level & Today We Are Expecting Nifty Will Open In Green Around 5710, Which Means It Can Try To Breake Its Resistance Of 5750, As Per Our Research It May Be Difficult For Nifty To Hold Near The Resistance Level, Pressure Will Increase If Nifty Stands Near 5735 & Unable To Pass Its resistance Of 5750, If That Happens Then We May See Our Market May Turn In Red, But If It Cross The Mark Of 5750 & Trade Above That, Then It May Try To Breake 5785 Whis Is A Small Resistance & If Both The Resistance Are Passed We Are Finally Out Of Red Tag Lines........................