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Friday, July 23, 2010

Today's Tip: Buy on Dips in Nifty Futures


Nifty today hold the higher levels & in the end closed on flat notes. Still technically we are looking well set to touch the mark of 5500, 5550 in near run. In the downside nifty has the vital support zone close to the levels of 5290 to 5300, until it made decisive closing below this support zone one should focus on long side in nifty future. Technical indicator like rsi is also showing some more strength in it.

We recommend that traders may go for buy on dips in nifty future for the targets of 5500, 5550.



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