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Monday, April 19, 2010

TODAY"S NIFTY VIEW

Today the support would be at 5239-5210-5185 and the resistance would be at 5285.

Yesterday the nifty index opened with negative note, the almost all sectors of nifty index were in red zone except the consumer goods, ITC, TATA Motors, TATA STL, GAIL, and Unitech were the top gainer of the day, in first session the ICICI also the top gainer but due to profit booking the stock became down at the end. there are 13 scrip were in advanced out of 50 scrip. the index showed the weak sign yesterday but one should wait for exit from stocks. It can be a minor break down.

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