Tuesday, April 13, 2010

Nifty Levels- Tips For Thursday

Nifty made the range bound movement today and getting good buying support close to the levels of 5300 to 5310. Nifty closed with modest losses after witnessing the volatility throughout the session with negative bias. Technically still nifty is keep holding the level of 5300 that is good sign. In the upside it is facing the resistance close to the level of 5400. Closing above 5400 may ride the nifty future till the higher level of 5450 in near term. I recommend that traders may keep long position in nifty future until it made close below the support zone of 5245 to 5250.


Posted By Commodity MCX Tips