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Stock MArket Technical View for today

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Forum: Stocks (Equities)
Posted By: vijaya singh
Posted On: 7/3/2012 2:44:48 AM
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Last Update: 7/3/2012 2:44:48 AM
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vijaya singh
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Member Since: 7/3/2012
Message Posted: 2
Posted on 7/3/2012 2:44:48 AM

Stock MArket Technical View for today
Markets moved in choppy fashion while they turned positive after European markets opened in green. Nifty Future faced resistance around 5330 and gave flat closing below 5300. If it is able to sustain above 5330 then we expect that this bull run can take it towards the resistance range of 5370-5400. On lower side, it may find intraday support around 5240 while strong support is seen at its 100 day SMA of 5200.
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