Friday, August 13, 2010

Friday's Trading View 13-08-2010

Trend Calls Team's  view for Thursday was again correct we made a low of 5363.6 on Nifty but within few seconds of opening Nifty were at 5375 & then above that, We gave Supports at 5375 & after taking Support at our level Nifty took Resistance at 5419 & got beyond that till 5431.8 but again retraced to take Resistance at 5419.
Trend Calls Team's  also said on Wednesday Banks to be in favor & on Thursday we have effects of that despite Nifty closing low Bank nifty was clear winner of the day.
For Friday Resistances to come at 5432 - 5444 & 5454 The path is getting difficult with Resistances & Supports to lie at 5409 - 5400.
Views given by Trend Calls Team

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