MARKET TREND FOR 27APRIL 2012
Index
registered small losses in lack luster trading session as traders rolled
over there position from april series to may series. Today nifty started at
5214, real hurdle it placed between 5214-5135. The high today it made was 5204
and the low was 5181.
However real test for bulls recovery
attempt would happen when index crosses
the 5250 range 5255-5265 would most difficult zone for nifty. If the index
manages to take it out next significant resistance at 5280.
On downside whole range between
5187-5160 would now act as strong support zone and major support would continue
to be located at 5132.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5200
|
SUPPORT1
|
5175
|
RESISTANCE2
|
5215
|
SUPPORT2
|
5160
|
RE SISTANCE3
|
5240
|
SUPPORT3
|
5140
|
the article containing nifty outlook given by you are in easy language.good blog
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