Tuesday, December 27, 2011

Nifty Today and Intraday Levels

Started with lower side, the market gained gradually and closed near its day high. Spot Nifty ended up at 4779.00 accumulating 65 points. Nifty futures earned 62.40 points and settled at 4783.00.

Market is seems to extends its bullish run and today we can expect Nifty futures to touch 4855 level technically. But inability to prevail the level of 4800 would wash off this expectation.

Support for Nifty is near 4749 level whereas resistance is near 4809.

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Posted By Commodity MCX Tips