Tuesday, July 19, 2011

Technical view 20 July 2011

Nifty has managed to close above 5600 mark, at 5624.30, its good sign for bulls. Nifty has strong resistance between 5660-5680 range, we can have fresh long if Nifty closes above this level with strong volume.
HCC closed in green at 34.50, its higher closing in last 2 months. It can be buy candidate above 35 with stop loss around 33.50-33.80 for short term target 39 and medium term target 45.

Happy Trading .....


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