Tuesday, April 5, 2011

NIFTY TREND and LEVELS TODAY 5th April


Dalal street continues to be in top form. It may be the World Cup euphoria but there was just no stopping the rally on Dalal street today.
The 50-share NSE Nifty rallied 82.40 points or 1.41%, to close at 5,908.45, supported by 40 stocks out of 50. The Nifty April futures ended at 40 points premium (provisional).
BSE Sensex:- (19702) The support for the Sensex is 19500 and the resistance to the up move is at 19850-20000

NSE Nifty: (5908) The support for the Nifty is at 5850 and the resistance to the up move is at 5960-6000.

Nifty Intraday Tips 5 April 2011 :-

ACTION                 PRICE          STOP LOSS       TARGET-1      TARGET-2 
BUY ABOVE         5911                  5870                   5940                  5970  

Nifty Intraday Levels for 5 April 2011 :-

SUPPORT 1      SUPPORT 2         RESISTANCE 1             RESISTANCE 2
    5870                        5880                        5940                                5970  


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