Monday, April 5, 2010

Nifty Tips- Support & Resistance

Nifty future hold the uptrend and also hit the higher level of 5370 today as I had mentioned in previous report that traders could go for the target of 5370 in nifty future when it was around 5265. Now we are expecting that one can see the next level in Nifty future on upside around 5450. I recommend that traders should try to focus on initiating the long position in nifty future for the target of 5450. The short term support range for nifty future is seems to be at the support range of 5190 to 5205.

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Posted By Commodity MCX Tips