3 March 2014

MARKET PREDICTIONS FOR 04 march 2014

NIFTY FUTURE OUTLOOK FOR TOMORROW
On first Monday of march series Nifty future has closed at Nifty 6239 future started at 6,280  made  a high of 6,292 and a low of 6,228…. Nifty future moved in a range of 64 points throughout the day. The range between 6,280 and 6,310 would be quite crucial as a support zone for the index tomorrow unless the Nifty future falls below 6278 decisively in the day’s session bulls would have no problem pushing it further. In fact, bears becoming aggressive in trying to push the market down before they take out 6320 level could well get trapped again. Thus, watching these levels would be quite critical.
On the downside, below 6280, the support levels are 6270-6,250…
More about intraday tips on Google +
RESISTANCE: 6280, 6300, 6320
SUPPORT:  6260, 6240, 6020

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