Friday, August 13, 2010

Nifty Future View @ www.equityahead.com

Nifty Outlook (16th Aug - 20th Aug)
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Nifty Spot Closed @ 5452

Supports @ 5410-5350-5310

Resistances @ 5488-5555-5600

Trend Decider @ 5350 & 5488

Strong / Weak Above 5400. Overall Still little Bullish Above 5350 Spot. Nifty is facing Hurdle @ 5488, Closing above 5488 makes 5520-5555+. Overall Market Looks Range Bound between 5350 to 5488 which can be extended till 5555. Bank Nifty & Small/Mid Caps are moving better than Nifty 50.



" Trade with Levels not with Hope

Regards,
www.equityahead.com