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
|