Friday, May 21, 2010

Nifty levels- NSE tips of the Day (Next week trend)

  Nifty continue the down trend and made new low of 4851. Today it witnessed the high volatile session & in the end made the closing with modest loss. Nifty future is looking to continue it's down trend for some more time and in the downside 4830 & 4770 are two key supports. Closing below 4770 could drag it till the lower levels of 4650 to 4660 in near term. I recommend that traders should focus on sell on rise strategy in it for the targets of 4770 to 4780 from the current levels.


Posted By Commodity MCX Tips