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NIFTY TIPS TREND AND VIEW FOR TOMORROW 31st MAY 2011

Discussion in 'Stock Market Discussions' started by swati83, May 30, 2011.

  1. swati83

    swati83 New Member

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    Nifty Tips Trend and View For Tomorrow 31st May :- Nifty is likely to test a level of 5225. Technically, the domestic markets have made a temporary bottom at the 5329 levels as it is not only a swing support but coincides with a bullish trendline threshold on the weekly charts. For intraday momentum players, the Nifty spot must remain above the weekly high of 5485 level to make a continuous higher highs and lows.In case of declines, the Nifty is likely to test a level of 5225 as long as the bears keep the Nifty below the 5375 levels. Courtesy :- Intraday Tips
     
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