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View Full Version : Indian Stock Market:Technical trend analysis 14/6/2010


nikkir
14th June 2010, 02:19 PM
NIFTY
Mode-Flat
RESISTANCE-5136/5153/5181
SUPPORT-5102/5086/5058
SENSEX
Mode-Flat
Resistance-17103/17141/17204
Support-17027/16989/16926
Above resistance= Strong
Below support =Weak
If NIFTY breaches 5153 and stays above 5136 with good volume then NIFTY may see 5180 and 5205.If Nifty breaches 5086 and stays below 5102 then NIFTY trend is bearish.Then expected lower target is 5060 and 5030.
If SENSEX breaches 17141 and stays above 17027 with good volume then possible upper targets are 17200 and 17260.If Sensex crosses 16989 and stays below 17027 level then Sensex trend is bearish.Then expected lower targets are 16930 and 16870.