Sunday, January 27, 2013

S&P CNX Nifty for 28 January 2013.

The Nifty did indeed spike up towards the close on Friday as written in last post. The tipping point for Monday is at 6056 and the market must trade above the 6040 mark for Nifty to continue in its bullish advance otherwise 6002 and 5941 remain as the supports.
Our outlook for the day is continued bullish consolidation albeit with increasing volatility.

No comments:

Post a Comment