Monday, August 16, 2010

Nifty position for Tuesday-17 August, 2010

 Nifty still holding the level of 5400 from few trading sessions. Today again it gets the strong buying support close to the levels of 5395 to 5400. Decisive closing below this support may slip it till the lower level of 5350 in near run. Technically nifty still looking to hold these current levels for a while. For trading we recommend that one may go for buy on dips until it close below 5350 for the targets of 5500, 5550.

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Posted By Commodity MCX Tips