INDIAN STOCK MARKET TIPS TECHNICAL CALLS Headline Animator
Tuesday, April 20, 2010
TODAY"S NIFTY VIEW
NIFTY RESISTANCE 5235-5250 BELOW WEAKNESS CONTINUE.....................
Yesterday the NSE benchmark index open to affected by the issue of US company Goldman Sachs, as like the all global market Indian market also open with negative note, that can be major problem because there are many Indian companies are related to Goldman Sachs, and those stocks were major victim yesterday. as technical view after the breakdown in channel line nifty can taste the 5000 level, on charts nifty was traded at overbought zone and some trigger would be expected from outside, and this Goldman Sachs issue became the trigger for nifty. Today the support for nifty would be at 5149 and if it breaks than the second support would be at 5095 and the resistance would be at 5268
Yesterday the NSE benchmark index open to affected by the issue of US company Goldman Sachs, as like the all global market Indian market also open with negative note, that can be major problem because there are many Indian companies are related to Goldman Sachs, and those stocks were major victim yesterday. as technical view after the breakdown in channel line nifty can taste the 5000 level, on charts nifty was traded at overbought zone and some trigger would be expected from outside, and this Goldman Sachs issue became the trigger for nifty. Today the support for nifty would be at 5149 and if it breaks than the second support would be at 5095 and the resistance would be at 5268
DELIVERY CALL APRIL 20,2010
MARKET CAP Rs 1142.46 CRORES
Date: 19th April 2010 View Technical Chart
High: 69.85 Low: 66.60
Open: 68.45 Value: 7.71 Cr.
Volume: 1127264 10-day Avg. Vol: 1352932
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