Nifty-cmp-5287
Nifty closed on a slightly bearish note at 5287. So today the immediate resistance for nifty is at 5305 level. Next resistance levels are at 5328 and 5468. On downside The first
support is 5265 other support are 5243and 5202 at level.
So on next session of trading expected to range bound between 5200 and 5300 .global market having downside sentiment
sentiment- 29 August 2012: PCR_OI:1.22 PCR:0.893
29 August 2012 Premium: 8.8 Futures OI:16165400.0
Weekly Oscillator Analysis its time to retrace down
Daily Short Term Oscillator Analysis- downside
30min chart
Equity benchmarks extended losses for the second consecutive session on Friday with Nifty opening May series on a negative note. Sensex slipped below 30000.with a loss of 111.34 points & nifty closed down by 38 points at 9304.capitalstars
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