12 December 2011

NIFTY OUTLOOK FOR TOMORROW


The movements in the market were nearly same as we have published in our last post.Market couldnot manage to cross the level of 5000 also didn’t fell below our supporting point 4750.
Market couldnot manage to  touch its opening point throughout the day.It closed slightly above its lowest point of the day i.e. 4769.00 was its closing point .
On Tuesday if market starts near to 4950 then it may again climb up to cross the level of 5000.
But seeing the negativity in the market today we can say that it might fluctuate between 4750-4900.
NIFTY FUTURE LEVELS FOR TOMMOROW
RESISTANCE1
4868.37
SUPPORT1
4715.12
RESISTANCE2

4968.33
SUPPORT2
4662.33
RESISTANCE3
5121.33
SUPPORT3
  4509.33   
 vv

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