Saturday, July 23, 2011

S&P CNX Nifty for the week 25 July 2011 to 29 July 2011.

If the benchmark index trades above 5650 mark with convincing volumes and for longer time, it can go upto 5730 mark. However the volumes have died down and moreover the July settlement is on 28th. So caution is advised with a stop loss around 5570 levels. The support at 5400 must hold for the week.

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