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Market Spectrum Nifty
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Daily ,Weekly and Monthly movements
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Source: NSE; Note: Weekly movement for the week 29th December 2009 – 31st December 2009, Monthly movement for the Month Dec 2009
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Source: NSE; Note:
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Indicators
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Trend
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04th January 2010
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05th January 2010
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200 DMA
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4393
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4406
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UP
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Trend Average
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5088
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5097
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UP
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Short Term Avg
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5130
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5151
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UP
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Short Term Nearest Avg
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5164
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5193
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UP
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| Levels
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Support and Resistance Levels
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| 5266-5249 |
§ On Wednesday 5266-5249 will be buy area. |
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Strong markets will not break 5260. |
| 5298-5545 |
§ Above 5266 nifty could test 5288 ( Tuesday`s high ).Further it could open for 5298-5545. |
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| 5155-5115 -5087-5037 |
§ Nifty has support at 5242 ( Tuesday`s low ).Below it could open for 5155-5115 -5087-5037. |
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