S&P CNX Nifty

 

S&P CNX Nifty

11/27/2009 4:37 PM

 

1 week Trend: (=)

1 month Trend: (=)

 

	S&P NIFTY intraday: turning down.
	Pivot: 5100 Our preference: Short positions below 5100 with targets @ 4905 & 4835 in extension. Alternative scenario: Above 5100 look for further upside with 5150 & 5181 as targets. Comment: the RSI is bearish and calls for further downside. Key levels 5181 5150 5100 5005 last 4905 4835 4765