Monday, January 3, 2011

Nifty For Tuesday 4 January 2011

Technical View On Nifty :
  Nifty Future opened with gap but not sustaining at higher level and closed near to its days low. If nifty future sustain above 6200 level we can see good up rally and it can test the level of 6300 in near term. On the down side If it break 6100 level we can see some correction in it. One should take position after proper break out in either side. Resistance for Nifty future is at 6248/6321 and it has support at 6130/6068 levels.

It has first resistance close to the level of 6248 & above this level the next resistance is seen near the 6321 mark.

SUPPORT: It has first support close to the level of 6130 & below this level the next support is seen near 6068 mark.


Posted By Commodity MCX Tips