A spike during early
trades and negative zone for the most part of the day and then recovery on the
back made nifty to close in green again.As we have predicted in previous post
the level of 4630 was crossed today which will prove to be a good note for
coming tradin sessions.Nifty touched the level of 4707 in the intraday trade
and its lowest point also was not very low to its starting level i.e. it was
near 4600 points.We hope market to open above 4622 key resistance level.If it
would open above there and stay above it then it is very much possibility of
short covering rally in tomorrow trading session.The level of 4550 might prove
support for it.
NIFTY LEVELS FOR TOMORROW
RESISTANCE1
|
4760.40
|
SUPPORT1
|
4648.77
|
RESISTANCE2
|
4798.65
|
SUPPORT2
|
457432
|
RESISTANCE3
|
4911.31
|
SUPPORT3
|
4462.44
|