Dear Friends,
As last time nifty chart given & analyzed that Closing above 5145, 5230-5340 expected & nifty exactly reached 5349.
Here is the link
http://www.heshtechnicals.blogspot.in/2012/06/nifty.html
Now Technically Nifty on charts looking very weak if not close above 5325 then takes support of 5105-5020-4956. All major three indicators are in BEARISH mode. Also RELIANCE IND. results came & net profit for the June quarter fell 21% to Rs 4470 crore. So, will see where market move, sometimes in bad results comes & stock gains on next day!!!
Your views invited at hesh2601@in.com
Thanks,
He$H. . .
