NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR  25 APRIL 2012

Nifty opened above 5200 today and sustained at this level throughout the day .We have noticed a range bound movement in the market today, nifty made a high of 5230 where as low of 5193.

Bulls should be powerful enough at this stage to manage nifty sustain the level of 5225 .We need to  see nifty quickly  gaining ground and crossing the level of 5250 to get back some lost initiative to move up.

On downside nifty would get initial support near 5183-5175 , however most significant support zone would be between 5169-5136.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5230	SUPPORT1	5190
RESISTANCE2	5250	SUPPORT2	5170
RE SISTANCE3	5290	SUPPORT3	5130