Saturday, May 15, 2010

Nifty Levels For Next Week

Nifty witnessed the correction from higher levels close to 5200 and closed below 5100. As per The Technical Analysis, More correction from the current level is expected. In downside two crucial supports seems to be at the levels of 4950 & 4820. So, I recommend that traders Should hold the shorts for some more time. Those traders who like to initiate new shorts can do below 4975 for the target of 4825 to 4830.


Posted By Commodity MCX Tips