According to Reliance Money's Morning Notes, as for Intraday trades, support for the day exists around levels of 3310-3315 range. Any move above 3410-3415 range may see NIFTY making an intraday action towards levels of 3460-3470 range on higher side.
Reliance Money's Morning Notes:
Session witnessed high volatility in a narrow trading range yesterday. Recovery that came during late noon trades proved to be short lived and soon indices slipped lower on profit booking. Volumes remained on higher side however market breadth turned negative with FII turning net seller as per provisional figures. Volatility in the range 3200 to 3510 may continue in short term.
As for Intraday trades, support for the day exists around levels of 3310-3315 range. Any move above 3410-3415 range may see NIFTY making an intraday action towards levels of 3460-3470 range on higher side. Ranged action between above mentioned levels may continue for most part of the session.
Wednesday, April 22, 2009
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment