Monday, October 24, 2011

Nifty Trading Levels for 25 October 2011

A significant gain was seen during early trades which could not sustain in the last hour of the session and Market lost much of the day gains. Finally Nifty closed at 5,098.35 with a gain of 48.40 points.

Nifty Futures could manage to close above 5100 mark (5105) and added 51 more points to its previous level. Technically the market is likely to remain positive for the coming trading session but RBI is going to  announce its credit policy tomorrow which may change the direction of the market.

Nifty is having major resistance near 5170 level and support near 5072.

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Posted By Commodity MCX Tips