3 January 2012

NIFTY OUTLOOK FOR 4 JAN 2012


The market extended initial gains to hit its highest level in nearly one week  in morning trade. The market strengthened further to hit fresh intraday high i.e. 4733.10.Nifty rose 128  points to settle at 4765.30 its highest closing level since last week .The index hit a low of 4675.80 in intraday trade. If market manages to stay above 4710 we can see further upswing but if any failure to sustain above it would induce market’s down ward movement.

BUY NIFTY FUTURE ABOVE 4760 TG4780,4800,4820 SL 4735.

NIFTY  LEVELS FOR TOMORROW
RESISTANCE1
4737.53
SUPPORT1
4679.77
RESISTANCE2

4763.77
SUPPORT2
4649.32
RESISTANCE3
4821.92
SUPPORT3
  4591.S44   

3 comments:

  1. This topics and everything connected to them. I really appreciate it.Free intraday Tips .Please Give ur opinion about technical analysis of stock market ?

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  2. keep reading our blog we update daily outlook of nifty and overall market based on technical analysis

    ReplyDelete