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Nifty may correct up to 5443-5374: Angel Broking

According to a report by Angel Broking, if Nifty trades below 5529 levels for the first half-an-hour of trade then it may correct up to 5443-5374 levels.

January 31, 2011 / 08:43 IST

According to a report by Angel Broking, if Nifty trades below 5529 levels for the first half-an-hour of trade then it may correct up to 5443-5374 levels.


Angel Broking report:


The trend deciding level for the day is 18456/5529 levels. If Nifty trades above this level during the first half-an-hour of trade then we may witness a further rally up to 18676 - 18956/5598 - 5684 levels. However, if Nifty trades below 18456/5529 levels for the first half-an-hour of trade then it may correct up to 18176 - 17956/5443 - 5374 levels.


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To read the full report click on the attachment

first published: Jan 31, 2011 08:41 am

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