Tuesday, March 16, 2010

Nifty Position For Tomorrow

Nifty made the upside breakout today and also made closing above 5175 level. As I had already mentioned in previous report that if Nifty future break above 5175 & close we could expect the level of 5230. Today it almost reaches close to it. Now it is expected that this upside rally could be continue in market and might see the level of 5300 if it close above 5250 level. I recommend long position in nifty future and traders should also book the profit once close to the level of 5300

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Posted By Commodity MCX Tips