Indian stock market; Nifty and Sensex intraday trend analysis for July 24, 2012

Indian stock market; Nifty and Sensex intraday trend analysis for July 24, 2012

Monday, July 23, 2012
NIFTY
Trend-Weak
SENSEX
Trend-Weak
Advances- 360
Declines- 1133
Unchanged- 58
Monday NIFTY and SENSEX breached all important levels and showed more weakness than expected.Here is a possibility to witness more selling on coming days. Tuesday if NIFTY breaches 5149 and stays above at least 5133 with good volume then NIFTY trend is becoming 'STRONG' and may see................................

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