8 December 2011

NIFTY OUTLOOK FOR TOMORROW


As we have published in our last post heavy profit booking was seen today.Inspite of good start of market it declined in its morning session itself.As we have mentioned in prior market would go below 5000 ,soit was seen today ..Market touched its low level of 4938.5
which was  the  lowest point since last 8 days.
Good start of market might be seen tomorrow,if  starts above  level of 5000 then may go upto 5125.10 points.But as  market falled below the level of 5000 today so 4800 may prove to be major support.
NIFTY FUTURE LEVELS FOR TOMMOROW
RESISTANCE1
5040.85
SUPPORT1
4905.35
RESISTANCE2

5125.10
SUPPORT2
4854.10
RESISTANCE3
5260.60
SUPPORT3
  4718.60    

No comments:

Post a Comment