Tuesday, May 7, 2013

S&P CNX Nifty for 8 May 2013.

As predicted in our yesterday's post, it indeed was a bullish flare up.
The tipping point for today is at 6026 with 6069, 6093 and 6136 as the resistances. On the flip side the immediate supports are at 6042, 6036 and 6028
However, for the bullish run to continue the market must stay above the 6017 mark.
Our outlook for today is of continued bull run with a bit of consolidation here and there.

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