August 3, 2011

NIFTY Daily Analysis

  • Nifty Staying below 5450 nifty is likely to test 5400 - 5410 levels today. Closing below 5400 - 5410 levels will favor bears for sometime to come. If nifty manage to Close above 5450 despite bad news then things might favor bulls.
  • U.S markets have closed negative. Dow Broke 12000 level. S&P 500 closed below 200 DMA. 
  • S&P 500 ANALYSIS AFTER CLOSING BELL

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