NIFTY TRADING SYSTEM
Open : 5930.00 High : 5941.00
Low : 5757.00 Close : 5792.00
TREND : BEARISH
Nifty Futures witness heavy selling resulting in a Blood Bath among the midcap and smallcap scrips. The next major support comes in at 5725 which was the low made on 26.11.2010. A break below this crucial support will take the Nifty Futures all the way down towards the 5600 zone. On the upside expect a minor correction towards the 5900 area.
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