NIFTY INTRADAY TIPS 10 JUNE 2011

swati (Stock Analysis) (1702 Points)

09 June 2011  

Nifty Intraday Tips 10 June :- The daily candle chart of the Nifty shows a small bodied bearish candle with a large upper shadow, indicating resistance on advances. The downward sloping trendline still remains a maginot line for the bulls to overcome – failing which any upthrust remains a relief rally. Intraday Tips The Nifty (spot) must stay above the 5550 levels sustainably with volumes and open interest expansion to rally intraday. On the flip side, sustaining below the 5530 levels may trigger a fresh bout of declines.

Source :- https://freecashmarkettips.blogspot.com/