Thursday, May 12, 2011

NIFTY FORECAST TODAY 12 may


NIFTY FORECAST
nifty future trend deciding level today is 5562,positive abv it and negative below it
technical chart indicates two levels positionaly 5660 and 5440 either side will do positinally but nifty hovering between the ranges, 5542 is 61.8% fibo and 5504 is 31.8% fibo these is technicals
intraday level  resist 5623/5668.

support 5504/5470/5433,we wont change levels daily, some small 1 or 2 rs differences will be there for raise and fall of trendlines adjustments in chart, today is iip data so do intraday trading before the announcement and start trading after anouncement,
do quick trading today ,better avoid taking big positions.
for nifty tips click =>  FREE NIFTY TIPS 

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