20 January 2014

What A Day In Nifty Today!!!!

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NIFTY OUTLOOK FOR TOMORROW
Volatile trading session witnessed by index today, Nifty started below 6300 but soon  marched upward and managed to close above 6300. It made a high of 6303 and a low of 6241 in intraday trade.....

 Thus, in our view, the levels between 6260 and 6290  would act as a strong support zone—unless this range is decisively broken the bulls can still stage a comeback. One thing, though, is not in their favor  the international markets are showing some bit of weakness . Nifty may face a difficulty tor cross 6350 tomorrow. We tend to think that we are in a range bound sideways kind of a market where 6350 and 6150 are acting as boundaries of that range.
More about intraday tips on google +
RESISTANCE:6320, 6350,6370

SUPPORT:     6300, 6270,6230

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