Jul 12, 2012, 08.23 AM IST

Nifty may rally up to 5299-5320: Angel Broking

According to a report by Angel Broking, if Nifty trades above 5281 level during the first half-an-hour of trade then we may witness a further rally up to 5299-5320 levels.

Source: Moneycontrol.com
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According to a report by Angel Broking, if Nifty trades above 5281 level during the first half-an-hour of trade then we may witness a further rally up to 5299-5320 levels.


Angel Broking report:


The trend deciding level for the day is 17,416 / 5,281 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 17,469 17,540 / 5,299 5,320 levels. However, if Nifty trades below 17,416 / 5,281 levels for the first half-an-hour of trade then it may correct up to 17,346 17,293 / 5,261 5,243 levels.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.



To read the full report click here

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