Saturday, September 10, 2011

Nifty Intraday Levels

Obama's Fascinating job plan could not entice the market and Nifty slipped almost 2% on last trading day of the week. The profit booking after rally stumbled the Indian benchmarks in the trough.
The future derivative of NSE index shed 112 points and closed at 5043. On Monday it is likely to trade with positive bias. Nifty if clears above 5085 a buying signal may be seen in the market. 5017 could invite serious weakness in Nifty and it may drag down below 5000 mark. Support for Nifty is seen near 5017-4989.


Posted By Commodity MCX Tips