Tuesday, June 22, 2010

How To trade On Nifty for 23 June - NSE Market View for Wednesday

  Nifty today trade with the negative biasness for the whole day and in the end closed with the modest loss. In the upside the key resistance point for it is 5400. Closing above may rise up till the higher level of 5500 in short term. As now in short term we might expect some range bound movement in market and could correct from the higher levels. So it is recommended that if it does not break 5400 then traders could go for sell on rise in it for the tg of 5250 to 5260 in intra day.

0 comments:

 
Posted By Commodity MCX Tips