Friday, December 30, 2011

Nifty Today: Market Outlook and Technical Levels

Indian market extended its losses on Thursday as well and in a very volatile market, Nifty lost 60.35 points to close at 4645.45. Nifty futures settled down 4646.30 down by 64.80 points. Today Nifty may suffer some more downside in a sluggish trading session. Technically Nifty futures is facing resistance near 4690-4700. If Nifty manages to trade above 4700 level, we can expect it to reach 4755 Today. Support for Nifty is seen near 4636.50.


Posted By Commodity MCX Tips