Monday, January 9, 2012

Market Today and Nifty Trend For 10 Januray 2012

Nifty closed flat in an extremely volatile trading session. The market even moved below 4700 level during the day and then recovered to close near its last level with slight decline. Spot nifty index lost only 4.10 points to close at 4742.80. Nifty futures shut its shop at 4757.70 down by 2.30 points.

The market closed off the low and now the coming trade could be a 50-60 points range bound session with slight up trend. Trading above 4800 will bring potential to reach up 4850 if infosys results support the market.

On the downside support is again seen around 4800-4789 level.


Posted By Commodity MCX Tips