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Stock Market Analysis 27th July 2012

NIFTY OUTLOOK FOR 27TH JULY 2012

NIFTY SPOT LEVEL

TREND - BEARISH

 

 

 

SUPPORT 1 5010
SUPPORT 2 4975
RESISTANCE 1 5105
RESISTANCE 2 5160

BANK NIFTY FUTURES

TREND- BEARISH

 

 

 

SUPPORT 1 9990
SUPPORT 2 9895
RESISTANCE 1 10245
RESISTANCE 2 10410

EXPERT VIEW

Nifty will fall upto 4900: Mohit Gaba

According to technical analyst Mohit gaba the Business Session of Thursday in closed down from the level of 5,080 automated. fall in automated and now there with the level of 4,900 also can be seen.

According to Gaba main role of bank nifty is automated in thrusday market fall. In such a case not positive results of SBI are coming, automated and fear of weakness.