Jul 29, 2012

Nifty Analysis for 30 July 2012

Daily and Weekly Trend is down below 5200(SAR)
Support are 5088-5040-5000-4950-4800
Resistances are 5160-5270-5300-(5344)-(5377-5385)-5498-5630
At current level , LONG trade do not provide favorable RISK :REWARD 
Bearish Engulfing pattern at 5150 (Hourly Chart)













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