Nifty-cmp-5415
Nifty closed on a slightly bearish note at 5415. So today the immediate resistance for nifty
is at 5419 level. Next resistance levels are at 5445, 5474 and 5499. On downside The first
support is 5390 other support are 5365 and 5336 at level.
So on next session of trading expected to range bound between 5300 and 5450 below 5400 may move down side little bit .Even global market having slightly down little
sentiment- 23 August 2012: PCR_OI:1.45 PCR:1.3
23 August 2012 Premium: 11.8 Futures OI:25854050.0
Weekly Oscillator Analysis-The oscillator is up side
Daily Short Term Oscillator Analysis- sideway
Nifty closed on a slightly bearish note at 5415. So today the immediate resistance for nifty
is at 5419 level. Next resistance levels are at 5445, 5474 and 5499. On downside The first
support is 5390 other support are 5365 and 5336 at level.
So on next session of trading expected to range bound between 5300 and 5450 below 5400 may move down side little bit .Even global market having slightly down little
sentiment- 23 August 2012: PCR_OI:1.45 PCR:1.3
23 August 2012 Premium: 11.8 Futures OI:25854050.0
Weekly Oscillator Analysis-The oscillator is up side
Daily Short Term Oscillator Analysis- sideway
tal requirements, as it is growing at over 40 per cent year-on-year. capitalstars
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