Thursday, May 2, 2013

S&P CNX Nifty for 3 May 2013.

The tipping point for the day is at 5976 which is way below the immediate support of 5983. Thereafter the supports are at 5961 and 5925. The immediate resistance is at 6007 which if overcome may see the benchmark index finding resistance at 6042 and 6085.
Our outlook for the day is that the party continues, albeit with a bit of hiccup and jolts.

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