Nifty analysis for 12 May

Nifty Analysis for 12 May Seemingly bulls want to take Nifty beyinf 7900. However, some global and domestic factors not supportive to this move making it take longer than desired. Critical level formed on Nifty level at 7892. If Nifty breaks this level, it’s a buy for target of 7940. Support is at 7825, hopefully this will not be broken. Buying can be done at this level. If Nifty breaks below 7820, go short for target of 7780. Click here to read Nifty view for the week. Nifty 15 min Chart   Swing/positional trades for the day: Read this stock analysis – A midcap software company – on the verge of range breakout Recent gainers recommended by us SKS Micro Finance up 12% from buying price Berger Paint up12% from buying M&M Financial Services up 32% from buying price (Booked)

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