NIFTY TIPS TREND LEVELS TARGET AND RANGE FOR MONDAY 16 MAY

swati (Stock Analysis) (1702 Points)

14 May 2011  

Courtesy :- Intraday Tips

 

Nifty traders can watch 5540 as key support  & 5600 as key resistance on Monday. Nifty is stuck between 5440-5600 range. Nifty’s short term trend is Down. Nifty’s Intermediate trend is Down. Resistance for Nifty : 5620, 5640 , 5700, 5760. Support for Nifty :  5470 , 5390 , 5360 , 5330. Breakout Stocks : Dr. Reddy’s , ITC , Rcap. Bank Nifty is in intermediate down trend.

 

Source :- https://freecashmarkettips.blogspot.com/