20 December 2011

NIFTY OUTLOOK FOR TOMORROW


Nifty had sharp fall in last trading session,to the lowest level since 28 months.The market regained it strength later.It lost its gain soon i.e. after hitting high of 4637 in intraday trade finally dropped down to close at 4544.20 points.
The bearishness of market continues for today this is very negative node for tomorrow.
Now breaching the support line of 4550 will invite more woes in the market while a trade above 4630 will provide a good positive remark of it.
NIFTY  LEVELS FOR TOMORROW
RESISTANCE1
4610.40
SUPPORT1
4504.77
RESISTANCE2

4670.83
SUPPORT2
4460.32
RESISTANCE3
4750.21
SUPPORT3
  4350.44   

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