2 January 2012

NIFTY OUTLOOK FOR 3 JAN 2012


It was not a very good start of the first day of new year 2012 for the market. As the declination of market started in the last month of 2011 itself, today also the movements in the market remained negative. Nifty started at 4640.20 fluctuated near its starting point lastly ended at 4636.47.Hope the new year may bring new hope and market would gain speed to once again climb up to the level of 4800.The negative bias of it cannot be forgotten soothe level 4600 would prove the major support for it.     
NIFTY  LEVELS FOR TOMORROW
RESISTANCE1
4640.53
SUPPORT1
4628.77
RESISTANCE2

4644.77
SUPPORT2
4620.32
RESISTANCE3
4656.92
SUPPORT3
  4608.44   

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