Wednesday, September 14, 2011

Market Trend For Tomorrow: Nifty Prediction and Trading Levels

As we anticipated in our earlier post that Market would see some positiveness today and the same happened today. Nifty responded positively on European cues and Short coverings help the market to recover last three days losses. Spot Nifty could able to cross 5000 mark and ended up at 5012.55 adding 71.60 points. Nifty futures settled at 5029 up by 1.77%.

Market is likely to continue this trend further and if Nifty sustains above 5055 mark, It may touch 5080-5120 soon. Downside support is near 4984 and next support is 4949.


Posted By Commodity MCX Tips