Friday, May 7, 2010

Nifty Tips For Next week

Nifty witnessed the yet another downside session and in the end manged to close above 5000 level. In the downside two key levels are 4950 & 4820. It is expected that once market could teste the 4800 level in this downside rally. I recommend that traders could hold the short position in infty future for the tg of 4900 & 4800. In the upside 5100 is looking the major resistance. Those who like to initiate new shorts could do below 4950 level for the target of 4850 with stoploss of 5005.


Posted By Commodity MCX Tips