Thursday, July 1, 2010

NIFTY LEVEL

NIFTY SUPPORT & RESISTANCE


Yesterday trading range of NIFTY WAS 5200 to 5350 for few trading sessions. Upside majore resisitance for nifty future is 5400 if it will close above this it could take it till higher level of 5500 in near term. If it'll close below 5200 may down NIFTY till the lower level 5080 to 5100 in near future For intraday i recomend to short NIFTY FUTURE with the Stop of 5400 for the targets of 5200, 5150.


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