20 March 2012

NIFTY OUTLOOK FOR TOMORROW


MARKET TREND FOR 21 MARCH 2012
The market opened low then edged higher in morning trade itself. The index moved in tight range in positive terrain , then slipped into negative territory to hit intraday low in afternoon trade.
Movements in market shows that bull’s have not totally  lost the game , they may still comeback.
Bulls need to push market beyond 5304 and 5328, unless this range is taken out decisively  a pressure is on bulls. The level of 5200 will act as support for the index.
NIFTY  LEVELS FOR TOMORROW
RESISTANCE1
5300
SUPPORT1
5240
RESISTANCE2

5325
SUPPORT2
     5210
RE SISTANCE3
5385
SUPPORT3
 5150


1 comment:

  1. g8 call i bought nifty 5200 call given by u @ 54 booked @ 98 thanks keep posting

    ReplyDelete