Monday, July 30, 2012

Resistance at 5175


As happened  last day Nifty is struggling to break 5175 level. We have seen selling pressure at this point in last trading day.  Monday  trade  indicate a break above  5185 may  give  more  power  to  bulls. Other market may trade in small range.

following are  support levels for Nifty

5164              5152                 5141
we will initiate selling only when  nifty falls  below 5152  . Sit on cash now




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