Nifty-cmp-5258
Nifty closed on a slightly bearish note at 5258. So today the immediate resistance for nifty is at 5267 level. Next resistance levels are at 5295 and 5331. On downside The first
support is 5231 other support are 5203 and 5166 at level.
So on next session of trading expected to range bound between 5200 and 5300 .global market having little bulish sentiment
sentiment- 31 August 2012: PCR_OI:0.945 PCR:0.907
31 August 2012 Premium: 33.15 Futures OI:19596800.0
Weekly Oscillator Analysis its time to retrace down side
Nifty closed on a slightly bearish note at 5258. So today the immediate resistance for nifty is at 5267 level. Next resistance levels are at 5295 and 5331. On downside The first
support is 5231 other support are 5203 and 5166 at level.
So on next session of trading expected to range bound between 5200 and 5300 .global market having little bulish sentiment
sentiment- 31 August 2012: PCR_OI:0.945 PCR:0.907
31 August 2012 Premium: 33.15 Futures OI:19596800.0
Weekly Oscillator Analysis its time to retrace down side
Daily Short Term Oscillator Analysis- oversold zone if banknifty support nifty can retrace up side for short term
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