Saturday, March 29, 2014

Nifty is near Crucial Level.

Nifty Weekly.



Nifty has traded positive for the week and has closed at 6702.60.
In chart it can be seen that there is multiple resistance in 6700-6720 range.
A consecutive close above 6720 would indicate further upside in the market.
Resistance above 6720 is seen at 6770-6830.
Support for the week is seen at 6575-6430.
A daily close above or below mentioned level will be crucial.

Regards
Rinkesh Jain