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Market Trend for Today- Thursday 4th August 2011

The opening session of the market begins with the Nifty and Sensex. Today also weakness in the market is still seen. If it breaks the range of 5200-5500 then some upside movement will be seen. The SGX Nifty is at 5406 wich is down by 23 points. The trend of the market is still down and this will change only if Nifty stays above 5450. Yesterday S&P CNX Nifty gave gap down open at 5402 and traded in narrow range. Nifty made day high of 5423 and low of 5379. Nifty settled near to its open at 5405 which was down by 52 points.


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