Resistance For Nifty | Nseguide.com

Quotes with Resistance & Support

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Strong resistance at 5310

Posted on: January 17th 2010 in Market Outlook.

The last week, Nifty ended flat at 5,252 also Sensex manged to close flat at 17,554. The Sensex made a high of 17,777, and a low of 17,276 over the week. India’s inflation stood at 7.31% for December 2009 as compared to 4.78% for the previous month. This could add pressure on the RBI t…

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Strong support at 5080

Posted on: December 6th 2009 in Market Outlook.

Sensex adds 2.8% to close at 17,102 and NSE Nifty ads 3.4% to close at 5,109, in the past week. The Nifty maintained the support of 5,080 on Friday, and closed at 5,108 on profit-booking. According to F&O data, foreign institutional investors (FIIs) have build-up short positions in …

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Whats next in store for us?

Posted on: October 15th 2009 in Market Outlook.

Nifty close’s above its resistance level of 5080 for the frist time since May 2008. Sensex made a high of 17,274 and a low of 17,117, and finally closed at 17231 204 points up. Dow on the other side seems to be heading towards 10,000, all these factors indicate that we might see som…

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Next hurdle for Nifty

Posted on: October 13th 2009 in Market Outlook.

Sensex managed to close above 17,000 where as Nify above 5050. One reason being why the stock market showed a good momentum was the positive IIP numbers, India’s Industrial Production for the month of August was at 10.4% beating analyst expectations of 9.7%. It rose the most in over 22 …

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