Friday, February 19, 2010

Nifty Tips- Support & Levels for Nifty Futures

Nifty again shown both side direction today but did not sustain higher levels. The kind of closing it had made is somehow suggesting that the buying interest is less in Nifty future on higher levels. Nifty facing the profit booking also near the resistance zone. The crucial resistance zone seems to be around the level of 4990 to 5000. Closing above that level could indicate the trend reversal in Nifty future. The key support base is around the level 4650 to 4700.


Posted By Commodity MCX Tips