Monday, August 19, 2013

MARKET TREND

MARKET  TREND

Trend is down any pull back to selling opportunity.
NIFTY (SPOT) RESISTANCE:5550-5600
NIFTY (SPOT) SUPPORT:5475-5440
BSE SENSX:(R)19800-below 18500more selling pressure

NIFTY FUTURE:- Any pull back to sell sided. Resistance 5580-5590 support 5450-5400
BANK NIFTY :- Sell on rise strategy – below 9700 down side target 9000-8500. Trend change above 10300.

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