12 April 2012

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR 13 APRIL
There was a volatile movements in the market , index edged higher today. The peak value breached by it was 5288 where as it fell till 5260 in intraday trade.
Overall today was a wide ranging day index oscillated up and down in large range . Market is eyeing the result of Infosys that is going t be declared tomorrow.
The range on upside that we need to keep in mind as key zone above 5200 which if bulls would gain some strength and sustain there then will manage to take index above 5350.
Similarly for bears to strike back again they need to push index below 5209-5200.

NIFTY  LEVELS FOR TOMORROW
RESISTANCE1
5285
SUPPORT1
5265
RESISTANCE2

5300
SUPPORT2
     5250
RE SISTANCE3
5330
SUPPORT3
 5230

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