The month of January 2011 was not good for the markets as we saw Nifty making lower high and lower lows, hence continuing the down trend. On last Friday Nifty managed to close above the support of 5350 level which can offer strong support for short term. If Nifty futures trades above 5350 for 4 sessions continuously then we can touch 5550 level in one or two sessions. Also on downside if Nifty ... [Continue Reading]