From the Yesterday Nifty Closed on a Strong Bull note at 6176 level. So the First resistance is at 6201-05 therefore Next resistance is at 6225-30, 6248-52, 6269-73, 6290-95, 6313-16, 6330-35, 6356-61, 6406-11, 6437-42, 6477-82 on downside first support are at 6150-45 level. so thte Next support will be at 6125-20, 6100-96, 6084-80, 6061-57, 6035-30, 6013-08, 5980-75, 5940-35, 5908-03 ,5880-75, 5845-41, 5826-21, 5793-88 level. The Bull is above 6205 so it become stronger and on downside be alert only below 6120. so the final fundamental is that stocks are overvalued correction of opportunity to shift portfolios and buy company with good Fundamental.
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nifty bullish trend may touch 6250,6270 level
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ReplyDeleteGOLD (5 FEB.) TREND: BEARISH
RES 1: 29850
RES 2: 30000
SUPP 1: 29200
SUPP 2: 29000
STRATEGY: SELL ON HIGH
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Next support will be at 6125-20, 6100-96, 6084-80, 6061-57, 6035-30, 6013-08,
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