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Thursday, May 22, 2014

Nifty Trend: Stock Market Tips Today

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Nifty opened on a negative note. In the afternoon session it fell below 7250 mark but after making a low of 7206, it bounced back sharply and ended at 7252 with a loss of 0.31%. The Advance Decline ratio was almost 7:2.

Nifty market witnessed buying interest at lower levels, we may witness further upmove in the days to come. We maintain bullish view with our short term target of 7563. Thus any correction is a good buying opportunity. On the downside 7000 - 7100 will play as a strong support for short term.

  nifty chart overview

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