Tuesday, July 26, 2011

Technical view 27 July 2011

Nifty has collapsed today, closed at 5574.35. Many index stocks were in red, volume has been increased, its all bearish sign. Major support for Nifty exists around 5500-5520. We hope it will recover in coming days.

Buy Kotakbank around 460-465 with strick stop loss below 450 for target 510-520 in short term.

Happy Trading .....


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