Resistance and support levels are key points in technical analysis and market respects them.
<<<<5352>>><<<5417>>><<<<5449>><<<<5480>>.<<<5509>>>><<<<5524>>><<<5565>>><<<5605>>>
Flat to positive opening is expected with bullish sentiments as the slogan of sell…sell… is not there in market …bears lost their base… 20 dma is at 5505 acting as resistance till now ….breaching it will lead indices towards higher targets…FIIs started buying now…negative sentiment is totally vanished and we are looking towards 5600 where 200 dma is present expecting nice support from IT ,energy and financial stocks …Accumulate blue chip and fundamentally strong stocks in your portfolio …Traders are advised to trade according to trend…
No comments:
Post a Comment
Please remember...your comment should not contain nudity or vulger language in addition to advertisement of your blog/site or any product ...and should not hurt the readers emotions...if that will be case it will be removed on first review of admin staff... Regards