MARKET TREND FOR 30 APRIL 2012
Traders carried forward bearish bets
to MAY series on expiry of april of contracts on Thursday. There was flat movements in the
market. It made a high of 5215 in morning session the downfall begin after it
and ended at 5190 after hitting a low of 5168.
Nifty needs to clear initial hurdle
between 5214-5220. Once this range is cleared next resistance level will be
5250. If recovery attempt would happen next range will be 5260.
On down side whole range between 5187-5160
would act as a strong support zone and major support would continue to be
located at 5132.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5215
|
SUPPORT1
|
5160
|
RESISTANCE2
|
5240
|
SUPPORT2
|
5140
|
RE SISTANCE3
|
5280
|
SUPPORT3
|
5090
|
very good blog,i was looking for such blog .thia blog is in my list of daily reading blog.
ReplyDelete