Monday, January 10, 2011

NSE MARKET UPDATES AND FORECAST FOR TOMORROW


Nifty future had sharp fall in Monday's trading session and closed near to its support level. Now 5700 seems to be very crucial support level . If nifty break this level we can see some more downfall fall in it. One should take position after proper breaks out. Support for Nifty future is at 5725/5670 and Resistance is at 5860/5915.

RESISTANCE: It has first resistance close to the level of 58600& above this level the next resistance is seen near the 5915 mark.

SUPPORT: It has first support close to the level of5725& below this level the next support is seen near 5670 mark.

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Posted By Commodity MCX Tips