Friday, 8 April 2011

Midday Outlook on Nifty (08-04-2011)

Nifty Intraday Chart: Nifty was under pressure during the morning session and would be in the late afternoon session. I feel it might move towrds 5885-90 before it turns down again for the remaining day.
Just for your information: Did you notice a flash trade in early morning today??? Nifty was trading around 5899, within a flash it touched 5927 (28 points in a flash of a sec.) was also almost near our intraday SL.

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