Nifty EOD Data for 25/06/2009
PrCl:4292.95 Op:4293.85 H:4337.95 L:4221.15 LTP:4264.80 Cl: 4241.85
Nifty Cash Support and Resistance for 26/06/2009
Key Resistance
R1:4312.82 R2:4383.78 R3:4500.58 R4:4617.38
PP:4266.98
Key Support
S1:4196.02 S2:4150.18 S3:4033.38 S4:3916.58
Nifty Future Support and Resistance for 26/06/2009
Key Resistance
R1:4325.98 R2:4410.12 R3:4544.12 R4:4678.12
midpoint1:4301.05 midpoint2:4368.05 midpoint3:4477.12 midpoint4:4611.12
PP:4276.12
Key Support
midpoint1:4234.05 midpoint2:4167.05 midpoint3:4075.12 midpoint4:3941.12
S1:4191.98 S2:4142.12 S3:4008.12 S4:3874.12
1 comment:
The long term trends are suggesting that the stock markets will move upwards. I also think that most the bad news on the companies declining profits and housing sector and crude oil reserves has been priced in therefore now bad news is something that is expected and the markets are clearly not reacting too negatively to such news.
Rather the market is taking its cues from the small packets of good news and the other recovery signs that the stimulus package is having on the industries across all sectors.
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