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Tuesday, July 27, 2010

Share Market: technical View on Nifty, Tips for July 28th

Nifty witnessed the high volatile sessions today & in the end closed with the marginal gain. The main thing which is technically vital is that still it is holding the higher levels & rising towards the higher level of 5500. In the downside two short term support seems to be at the levels of 5400, 5350. Closing below the support of 5350 may slip it till the lower levels of 5290 to 5300 in near run. For intra day trading we have already recommended in our previous reports that one may go for buy on dips in nifty future until it close below 5350 for the targets of 5500, 5550 in near run. 



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