Thursday, May 24, 2012

Nifty analysis!!!!!

Market today gained 85 points after positive euro market and GDP data of Germany.
Reverse from 4830 was seen today.
Market seems to continue the upside trend of the market after facing a resistance at 4950.
if nifty closes above 4950 tomorrow then good movement can be seen in coming days.
Tomorrow sideways movement can be seen in starting hours facing resistance at 4950 and then
positive trend can continue if support by global market!!!

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