Friday, September 24, 2010

Nifty at resistance

After having run up sharply Nifty is now facing hurdles at higher levels.It has support at 5800.
Meanwhile , stock specific action is seen.
Lupin had  closed at life time high and every pull is an buying opportunity. 370 is support area and it can touch 450 on higher side

PTC and PFC have also resumed their uptrend after corrections. PFC has support at 330 and resistance at 360. PTC has support at 110 and resistance is at 130.

Trade lesss, trade well.

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