Last week it was predicted
Nifty is taking good support at 5200 level if nifty will open positive then it will go to 5350+ and if it fail to sustain 5200 level then the next support will be 5090..
http://www.dhanvarsha.in/2012/07/nifty-outlook-for-week-ending-27-july-12.html
and nifty traded between 5032-5164 and closed at 5099
possible range for next week will be 5100- 5200 extended to 5304 ..
if market participants will fail to retain above 5100 then 4958 will be Fib support ..
Daily chart is showing that large gaps above 5100 are still open and Nifty may try to fill them in coming week so possibility of an upside rally can not be ruled out .
Do you know it is quite simple to learn technical analysis within a month at Dhanvarsha ( on line ) through audio visual means ... and if you can understand English or Hindi you can learn easily and predict markets .
Nifty is taking good support at 5200 level if nifty will open positive then it will go to 5350+ and if it fail to sustain 5200 level then the next support will be 5090..
http://www.dhanvarsha.in/2012/07/nifty-outlook-for-week-ending-27-july-12.html
and nifty traded between 5032-5164 and closed at 5099
possible range for next week will be 5100- 5200 extended to 5304 ..
if market participants will fail to retain above 5100 then 4958 will be Fib support ..
Do you know it is quite simple to learn technical analysis within a month at Dhanvarsha ( on line ) through audio visual means ... and if you can understand English or Hindi you can learn easily and predict markets .
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