Sunday, April 29, 2012

S&P CNX Nifty for 30th April 2012 to 4th May 2012.


Nifty continued to hover around the 5200 mark through out the week before ending once again at an in-conclusive mark. The technical indicators of the market suggest that the market will continue to remain weak grinding slowly to the 4950 mark. On the flip side, however, if it somehow manages to hold above the  5280 mark conclusively, it may rally up to 5440. The market will remain closed on 1st May 2012. 

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