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Rohan
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| 20 April 2011, 20:36:10 |
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Today market witnessed a gap up opening and momentum on the upside was seen till the end of the day to close near days high. On the daily chart, it is being observed that prices after taking support at the 200-day SMA are now heading to test the downward sloping trend line joining the two significant highs of 21,108 - 20,664 / 6,338 - 6,181. In coming trading session, if indices trade above 19,490 / 5,860 levels then they are likely to test 19,649 - 19,737 / 5,900 - 5,923 levels. On the downside....read more |
