NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR  19 APRIL 2012

Bulls have managed to take index above 5300 today, it made a high of 5340. But index could not sustain itself above the level of 5300 at the end of day i.e. dropped down and finally ended at 5295.

The uptrend of market is going to continue further . Nifty is likely to open above 5300 , it would be comfortable situation for bulls while range 5330-5350 would still good enough.

Some supply pressure would be likely at 5337 before the nifty tries to take out 5350. Major support area for nifty would be between 5250-5270

BUY NIFTY MAY 5100 PUT @56 TG 86

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5325	SUPPORT1	5280
RESISTANCE2	5350	SUPPORT2	5260
RE SISTANCE3	5400	SUPPORT3	5225

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR  10 APRIL 2012

After a long weekend nifty started its journey again from the level of 5284. But there was a range bound movement throughout .  Bulls were not powerful enough to take nifty across 5300 in today’s session it simply touched a high of 5261 in late session.

Nifty is like to open near 5225 tomorrow, if bulls are able  to put nifty above 5330 then next level to withstand would be 5375. But if nifty trades below 5225 ,which is more likely, for significant length of time then we are again going to see short term weakness developing in the market .If weakness takes index below 5200 once again would be quite damaging of bull market.

NIFTY  LEVELS FOR TOMORROW

RESISTANCE1	5250	SUPPORT1	5225
RESISTANCE2	5275	SUPPORT2	5205
RE SISTANCE3	5300	SUPPORT3	5180

nifty outlook for tomorrow

On Monday nifty is likely to trade with positive bias. If it crosses the level of 4750 then a buying signal can be seen in the market. The movement in the market seen in two days filled a huge deep hole from the level of near 4550 to close at 4714.00 points. But this is not a confirmatory signal of upward climb .If index can be pulled up beyond the level of 4770 then only we can see this recovery attempt achieving some success .The level of 4600 would prove the major supporting level to the market.  

NIFTY LEVELS FOR TOMOROW

RESISTANCE1	4753.90	SUPPORT1	4685.99
RESISTANCE2	4793.80	SUPPORT2	4653.30
RESISTANCE3	4864.05	SUPPORT3	4583.05

NIFTY OUTLOOK FOR TOMORROW

The downfall of the market continued on Friday also.Level of 4800 proved the support level as we have predicted in the last post.Market couldnot breach 5000 levels throughout the session.

Monday might bring some good omen for the market.It might start at the level of 4900 and can also cross 5000.On the downside 4750 would prove the major support.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	4935.67	SUPPORT1	4843.12
RESISTANCE2	4985.43	SUPPORT2	4800.33
RESISTANCE3	5077.98	SUPPORT3	4707.78s

NIFTY OUTLOOK FOR TOMORROW

As we have published in our last post heavy profit booking was seen today.Inspite of good start of market it declined in its morning session itself.As we have mentioned in prior market would go below 5000 ,soit was seen today ..Market touched its low level of 4938.5

which was  the  lowest point since last 8 days.

Good start of market might be seen tomorrow,if  starts above  level of 5000 then may go upto 5125.10 points.But as  market falled below the level of 5000 today so 4800 may prove to be major support.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	5040.85	SUPPORT1	4905.35
RESISTANCE2	5125.10	SUPPORT2	4854.10
RESISTANCE3	5260.60	SUPPORT3	4718.60

NIFTY OUTLOOK FOR TOMORROW

Market had good opening today.It maintained the level of 5000 and even touched its highest level of 5134.65.Noon session was not so good for it but recovery was soon.and finally ended at5066.25.

Hope many profit bookings for coming session.If nifty touches the level of 5110 then it may move upto 5170 points.If market drops below 5090 then it might go below 5000.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	5115.40	SUPPORT1	5036.35
RESISTANCE2	5164.55	SUPPORT2	5006.45
RESISTANCE3	5243.69	SUPPORT3	4927.40

NIFTY OUTLOOK FOR TOMORROW

Last week  proved very sgood for the market .It maintain the level at  which it closed today also.There was not much up and down seen in the market.It fluctuated just 20 points above and below its opening points .It started at 5062 touched level of 5985.90 and then falled back to 5022.20 at the end.

Now continuing the same trend market will be above 5000 for coming session.If it crosses the level of 5050 then may go upto5150 points .The level of 5000 will prove to be major support for it.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	5080	SUPPORT1	5045
RESISTANCE2	5100.20	SUPPORT2	5010
RESISTANCE3	5150	SUPPORT3	4995

NIFTY OUTLOOK FOR TOMORROW

The first two days of the week proved to be positive for market.The pace of market was maintained throughout .It started at 4872 points and falled by 84 points reached at todays low point 4788.Then again market picked up and finally closed below its opening level i.e. 4816.

After seeing today we hope next day also to be in same pace .Market can rise till 4900 points tomorrow hope that will not get below 4750 points.

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	4870	SUPPORT1	4770
RESISTANCE2	4918	SUPPORT2	4750
RESISTANCE3	4990	SUPPORT3	4640

NIFTY OUTLOOK FOR TOMORROW

As we predicted the first resistance in our previous report market opened at 4750 points. Soon it made a high jump and reached its peak i.e. 4778 in first half but soon was dragged down to 4668 points.

Slowly the market recovered but could not reach its opening level and shattered down at 4710 points.

The last week was not full of very high ups and downs .The first day of week  can be turned out to be good for the start of 4900 points .But we can’t forget that being first day its downtrend can also not overlooked,it can’t fall below 4530 points

NIFTY FUTURE LEVELS FOR TOMMOROW

RESISTANCE1	4770	SUPPORT1	4675
RESISTANCE2	4810	SUPPORT2	4640
RESISTANCE3	4910	SUPPORT3	4540