10 April 2012

NIFTY OUTLOOK FOR TOMORROW


MARKET TREND FOR  11APRIL 2012
Index opened at 5254 then trimmed losses after hitting a high of 5255 in early trade itself. Index swung between  the gains and losses near the flat line in afternoon trade.
It is range bound trading and will continue for  coming weeks. If nifty trades at 5200or below it for sometime that would be a buying opportunity . On upside nifty would find resistance near 5275 -5300.
NIFTY  LEVELS FOR TOMORROW
RESISTANCE1
5260
SUPPORT1
5210
RESISTANCE2

5280
SUPPORT2
     5190
RE SISTANCE3
5321
SUPPORT3
 5150

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