Wednesday, December 7, 2011

NSE Alert

Today NIFTY (spot) is trading at 5087. 
NIFTY Chart showing positive divergence. Chart shows that NIFTY may move upto 5150-5180 levels. If it crosses 5150-5180 levels then it may move upto 5300 levels on the upside.


HINDALCO is trading at its resistance level of 140. If it manages to close above 140 then fresh upside may be seen on this counter up to 155-160 levels if the market supports and touches 5300 levels.

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