30 April 2012

NIFTTY OUTLOOK FOR TOMORROW


MARKET TREND FOR  2 MAY  2012
Nifty started its journey above the level of 5200 but there was a range bound movement throughout the day . The only thing was that index sustained above 5200 .As nifty crossed today the level of 5240 so we may see the  recovery attempt to continue further . There was a range bound trading throughout the april month ,we hope nifty will cross the level of 5350-5400 in MAY.
Bulls would get some control over market if they manage to take nifty beyond 5340 and sustain there before this index need to cross range of 5270-5300 for upward swing.
Bears are on there way to secure their position on index , if it falls below 5140 it will confirm the hold of bears
NIFTY  LEVELS FOR TOMORROW
RESISTANCE1
5260
SUPPORT1
5225
RESISTANCE2

5280
SUPPORT2
     5205
RE SISTANCE3
5310
SUPPORT3
 5180

2 comments:

  1. It was a inspiring post and it has a significant meaning and thanks for sharing the information. Would love to read your next post too……..free nifty alert

    ReplyDelete
  2. Nice Blog, Good information about stock market, it is very informative
    and helpful. I always like to ready to read this type of blogs.
    Regards: free nifty alert

    ReplyDelete