Aug 7, 2012

Nifty Analysis for 08 Aug 2012


Daily and Weekly Trend is up above 5220(SAR)
Support are 5280-5250-5160-5088-5040-5000-4950-4800
Resistances are (5344)-(5377-5385)-5498-5630
Piercing Pattern at 5164 ,5280 
Change of polarity at 5280
Break way Gap at 5220 was immediate major support 
Profit Target on Long Side are 5350-5375-5500-5630











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