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2008-04-24

Nifty Candle Stick Chart - 2008-04-28



Outlook for the day
The Nifty is likely to consolidate between the range of 5,000-5,020 to 5,180-5,200 levels in coming trading session.On the downside 5,080-5,050 levels is an immediate support. On the higher side it may face resistance around5,120-5,150 levels. Stock specific movement is likely. The important support for the indices remains at 5,020-5,000levels where 200 day’s EMA (exponential moving average) is expected to lend support.
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Disclaimer

Ours is an advisory role. The final decision and consequences based on our Information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned that any forward-looking statements are not predictions and may be subject to change without notice.