NIFTY OUTLOOK FOR MONDAY

Nifty opened on a firm note slipped in to red then recovered and again closed at positive note 6184. Our market has been able to build on the momentum gathered last Wednesday and added some  points to the Nifty tally. Now, the index is coming closer to another major target-cum-resistance at 6200....

MARKET OUTLOOK FOR 9 FEB 2012

MARKET TREND FOR 9 FEB 2012

Asian markets are trading in the positive territory i.e. nifty is at 5375 up by 17 points. Bulls are  in good pace and have manage to  take index above 5400 soon it will witness stiff resistance over it.

Today index opened at 5343.00 hit fresh intraday low 5330 in morning session itself .The index hit 5394 the peak value of  today’s trading session.

Tomorrow bulls may takeover if level of 5425 is crossed with volume .Intraday weakness will be visible below 5335 level.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5404.67	SUPPORT1	5338.05
RESISTANCE2	5433,78	SUPPORT2	5301.23
RESISTANCE3	5498.23	SUPPORT3	5236.65