Sunday, October 28, 2012

S&P CNX Nifty for 29 October 2012.

The tipping point for today is at 5667 which is a shade above the closing point of Friday. The charts indicate somewhat weakness in the immediate term with immediate support at 5658, 5652 and 5646. Below 5646 the crucial support of 5630 may be tested.
On the flip side the immediate resistance is at 5672 and 5690. It will be bullish only above the 5690 mark.

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