MARKET TREND FOR 13FEB 2012
Nifty started near
5400 level in morning trade but it trimmed the losses in this session itself. Index
gone down by nearly 40 points to end at 5343.35
We continue to
express caution for buying at current levels other than going for long in
intraday trades
Now we can hope that
nifty would continue the upswing and again rush to cross the level of 5400
finding stiff resistance near 5425 on coming Monday. Index would find support near the level of 5320.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
5421.55
|
SUPPORT1
|
5342.85
|
RESISTANCE2
|
5461.25
|
SUPPORT2
|
5303.85
|
RESISTANCE3
|
5539.95
|
SUPPORT3
|
5225.15
|