Thursday, October 13, 2011

NIfty Overview for 13th Oct 2011


Nifty Sell @ 5100 - 5105 stop @ 5130 tgt 5060 - 5020
Nifty is facing ressitance @ 5140 level and its no expected to trade abvoe 5140 where days high is posted at 5135. short term rise which we were expecting is done and someshort corection can be seen in market. nifty is in consolidation mave and is reverting from higher resitance levle and can test lower trend line.