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Friday 7 September 2012

Nifty Technicals 7th September

After considerable rally in all global markets it is certain that Nifty will open gap-up, what we must look into is its sustainability. If Nifty manage to sustain above 5292, we can consider that Nifty may target 5383 in short-term. A failure at 5292 will keep down side open to 5190, 5000.

Nifty Support: 5220, 5210, 5190

Nifty Resistance: 5250, 5270, 5292


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