13 January 2012

NIFTY OUTLOOK FOR TOMORROW


The nifty attained its highest closing level in five weeks. The market edged higher in early trade, it trimmed  initial gains to hit fresh intraday low 4838,45 in morning session .The index regained the strength in mid afternoon trade. Nifty rose again to hit the level 4894.95  i.e. highest of the day .Finally dropped down by 28 points to  settle at 4866.00.

Now as we have seen the upswing of nifty throughout the week we can say that the nifty may cross the level of 4900 soon .The level of 4800 would provide major support to the index.

Buy nifty future above4925 TG 4950,4975,5000 with   SL 4900 

   
NIFTY  LEVELS FOR TOMORROW
RESISTANCE1
4893.68
SUPPORT1
4833.07
RESISTANCE2

4921.48
SUPPORT2
4811..32
RESISTANCE3
4976.68
SUPPORT3
  4755.44   

No comments:

Post a Comment