Thursday, May 3, 2012

Nifty Intraday Trend For Tomorrow- 4th May 2012

After a range bound trade of yesterday, NSE Nifty fall significantly Today and witnessed a loss of 50.75 points. The technical pattern are indicating uncertainty in the market. Since Global markets are looking supporting, so we can expect a positive trading day for tomorrow Nifty.

Nifty Futures Closed at 5204 level and lost 43 points. The may series of nifty futures could find support near 5140 level. Resistance is seen near 5275-5300 mark.

For Tomorrow Traders can go for buy in Nifty Futures above 5228 for the targets of 5255-5280 Keeping a stop loss below 5175.


Posted By Commodity MCX Tips