Thursday, April 1, 2010

Nifty Next Week Trend

Nifty made the strong come back from the lower levels as we had already mentioned in our previous report that nifty future could continue to hold the uptrend and we might see the target of 5370 in it in near term. Closing above 5370 could lead the nifty future for the upside levels of the downside the intra day support base range is seems to be at the support levels of 5195 to 5205. Closing below this support zone might slip the nifty future till the lower levels of 5145 to 5150 in short run. I recommend that traders should focus on long side in nifty future until it close below the support range of 5195 to 5205.


Posted By Commodity MCX Tips