Thursday, August 23, 2012

S&P CNX Nifty for 24 August 2012.

In order to continue with the current uptrend, the benchmark index will have to trade consistently above 5429. Technical charts indicate that the market might open somewhat soft today and the 5380 mark should act as a support. Trades below 5380 may see Nifty go down to 5350 levels. However, the undertone continues to be bullish.

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