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Nifty Tips Trend And View For Tomorrow 2 June 2011

Discussion in 'Trading Strategies & Systems' started by swati83, Jun 1, 2011.

  1. swati83

    swati83 New Member

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    Nifty Tips Trend and View For Tomorrow 2 June :- Nifty back above 2 year trend supports. Nifty back above 2 year trend supports, more hurdles ahead as prices inch back towards the 200 DEMA around 5,600.The daily candle chart of the Nifty shows a large bodied bullish candle, which indicates a near term optimistic outlook. Intraday Tips The anticipated follow up buying occurred, sending indices higher along expected lines.The coming session is likely to witness a resistance at the 5620 levels on advances. Support is likely at the 5500 levels below which the 5470 maybe tested.

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