Wednesday, February 17, 2010

A bounce back is on the card ??

Yesterday Nifty surged up in the last hour of trading session. Going by the history Nifty may restest 5000-5020 , which is closer to 100 DMA.

National Aluminum seems to find support at lower levels. Support is at 356 and resistances are at 409-421.
Metal as a sector took a beating and apull back is expected .

Have fun.

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