Nifty Support
Nifty at lower levels, If Nifty takes support near 5085-5050 support zone on any intra day decline, it will bounce back and move in upward direction. At higher levels, the first resistance level is 5115. Moving above this level, the 2nd resistance zone will be at 5150.
RELIANCE :
Buy this stock at lower levels or on declines near 2175, 2170, 2165 on evidence of support and bounce back for targets 2190, 2210. Keep stop loss at 2145. Moving above 2210, this stock may even try to touch 2235, 2255 levels.
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Posted by
Dharmik Patwa
Tuesday, November 24, 2009
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