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|Subject: Indian Stock Market:Technical trend analysis 28t||Date: 6/28/2010 9:42 AM|
|Author: nikkiroy||Number: 54 of 68|
Above resistance= Strong
Below support =Weak
All above levels are spot levels
If NIFTY breaches 5303 and stays above 5286 with good volume then NIFTY may see 5325 and 5360.If Nifty breaches 5235 and stays below 5252 then NIFTY is weak.Then expected lower targets are 5210 and 5190.
If SENSEX breaches 17667 and stays above 17621 with good volume then possible upper targets are 17740 and 17840.If Sensex crosses 17482 and stays below 17528 level then Sensex is weak.Then expected lower targets are 17410 and 17350.
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