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Technical View On Nifty July 28th 2011



Technical View On Nifty July 28th 2011
Vs777
28 July 2011, 14:19:39
Technical View On Nifty July 28th 2011 @ http://trifidresearchblog.blogspot.com/
As expected yesterday nifty closed in red with a loss of 27 points. Today all future contracts are going to expire therefore higher volatility in market is expected. Market may open at low but close at high. So suggested to hold long position and buy at dips.
TREND: CONSOLIDATE
SUPPORT: 5502 & 5444
RESISTANCE: 5610 & 5666
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