Nifty may test 4050: Angel
Published on Fri, Jul 18 at 09:42 , Updated at Fri, Jul 18 at 09:44
Source : moneycontrol.com
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According to Angel Broking Technical Analysis report, on the upside Nifty may test 4050. Angel Broking Technical Analysis report:
For further details click on attachment |
Attachments : Tech-Report-18.07.2008.pdf |
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Markets bounced sharply from the support levels led by positive global cues and cool off in crude oil prices. After gap up opening, indices have closed near to the day’s high. The coming trading session is expected to trade with positive bias, if indices manage to sustain above the immediate resistance of 13270/4000 levels. Further, on the upside it may test 13520–4050 levels. On the downside, 12840/3880 levels may act as a support.



