Nifty may correct up to 5106-5079: Angel

Nifty BSE | NSE 10/02/12 Are Mutual Funds betting on Nifty?

According to Angel Broking report, if Nifty trades below 5129 levels for the first half-an-hour of trade then it may correct up to 5106-5079 levels.

Angel Broking report:

The trend deciding level for the day is 17146/ 5129 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 17237 - 17307/ 5157 - 5180 levels. However, if Nifty trades below 17146 / 5129 levels for the first half-an-hour of trade then it may correct up to 17076 - 16985/ 5106 - 5079 levels.

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