A moderate weakness
was seen in the market in morning session. The market regained pace in early trades, erased
all its losses here itself. Nifty gave a cold start at 4747.50 this morning ,hit
a fresh intraday high of 4756.80 in afternoon trade and then shattered at 4742.78 points at the end of the
day.
The movement of
index is between the range of 4700-4800. The whole situation will undergo a
radical change in favor of the bulls once nifty crosses the level 4850. The
level 4700 would prove to be major support.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
4764.68
|
SUPPORT1
|
4713.07
|
RESISTANCE2
|
4786.48
|
SUPPORT2
|
4683.32
|
RESISTANCE3
|
4838.68
|
SUPPORT3
|
4631.44
|