MARKET TREND FOR 7 FEB 2012
Indian market
recovered and maintained its status above 5350 points . The market surged to
its highest level in almost 14 weeks at the onset of trading session.
The market regained
strength after trimming initial gains to
hit fresh intraday low 5323.00 at the end of today’s trading session .The market was range bound in its afternoon
trade, finally the index hit high of 5397.45
in intraday trade and ended at 5335.15
Now we are looking
forward to see index above 5400 and if would survive here then further uptrend
is expected. But if it is not so then the index would provide support near
5300.
NIFTY LEVELS FOR TOMORROW
|
RESISTANCE1
|
5381.55
|
SUPPORT1
|
5306.85
|
|
RESISTANCE2
|
5426.25
|
SUPPORT2
|
5277.85
|
|
RESISTANCE3
|
5501.95
|
SUPPORT3
|
5202.55
|
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