Tuesday, January 25, 2011

Intraday Nifty Levels for 27 Januaury

Nifty Future had seen sharp down fall after RBI monetary policy and closed near to its days low. Its down fall might continue in coming trading session. Tomorrow being an off, Thursday which is the January expiry would be the next trading session so we may see highly volatile session in coming trading day. One should adopt the strategy of selling at higher levels. Support for Nifty Future is at 5668/5628 and Resistance is at 5760/5800 levels.

RESISTANCE: It has first resistance close to the level of 5760 & above this level the next resistance is seen near the 5800 mark.  

SUPPORT: It has first support close to the level of 5668 & below this level the next support is seen near 5628 mark.

Nifty Tips (Trading Recommendation)  : Sell Below 5665 TG-5645-5630 SL-5690


Posted By Commodity MCX Tips