14 December 2011

NIFTY OUTLOOK FOR TOMORROW


Like we said on our earlier post it was choppy trade for market.Nifty closed its session in negative terrain today.

It couldnot accelerate enough to cross level of 5000 but at the same time it didnot fell below 4800 which we have predicted as major support.


 Now we can say that pull back attempt may come above 4850 closing otherwise selling off will continue.Again level of 4750 could prove the major supportive.
 NIFTY  LEVELS FOR TOMMOROW
RESISTANCE1
4818.40
SUPPORT1
4729.35
RESISTANCE2

4873.55
SUPPORT2
4690.00
RESISTANCE3
4962.70
SUPPORT3
  4610.10   

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