NIFTY OUTLOOK FOR TOMORROW

The market touched positive zone slightly today falling drastically from 5000 level to 4850 levels.Market touched three weeks low bottom morning but food inflation date provided some relief.

Nifty today opened at the level of 4712.35 then climbed 56 points up to hit the high of 4768.65 but finally ended at 4746.35.

The market is eyeing RBI meeting tomorrow .Major chances  are  RBI will keep all the rates ,if RBI deliver surprise it could lead market in the direction with momentum direction depending upon the surprise.

Now the level of 4750 would prove the first resistance if this level is crossed then it could hit the level of 4800.The level of 4650 would prove the major support .

NIFTY  LEVELS FOR TOMMOROW

RESISTANCE1	4792.40	SUPPORT1	4685.78
RESISTANCE2	4830.55	SUPPORT2	4640.80
RESISTANCE3	4920.70	SUPPORT3	4605.02

NIFTY OUTLOOK FOR TOMORROW

The pace of the market was well maintained.It made good start at 4978.45 points and fluctuated above and below near its starting point.Finally took a deep breathe on 4963.75.

After seeing that today market crossed the level of 5000 it  seems that market would do the same tomorrow We hope that market may not fall below the 4850.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	4999	SUPPORT1	4920
RESISTANCE2	5005	SUPPORT2	4880
RESISTANCE3	5120	SUPPORT3	4845

NIFTY OUTLOOK FOR TOMORROW

Market proved out to be good today.It moved only 62 points above its starting point was todays highest point i.e.4862.00

Market moved around its opening point and finally shattered down at 4832 points .

At the end of the day we can predict that if market cross first resistance i.e.4860 then could meet second .But we can’t forget the otherside at the same time that market maynot fall below 4700 points.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	4860	SUPPORT1	4770
RESISTANCE2	4910	SUPPORT2	4750
RESISTANCE3	4980	SUPPORT3	4700