Aranca India Technical Analysis Daily Newsletter – 03 November 2011 Edition
Nifty Outlook for 03 November 2011 The Nifty opened lower and tested an intraday low of 5,204. However, it found support near the 50% retracement level of the previous up move and eventually ended on a flat note at 5,258.45. On hourly chart, Nifty faced resistance at 5,300 (50% retracement level of 5,381 to 5,200). [...]
