Monday, January 2, 2012

NIFTY VIEW JAN 2

HI
Today, while updating this SGX nifty is trading at 4640.
Today’s trading levels for Nifty Future:
Resistance: 4658-4689-4710-4730
Support: 4614-4594-4538-4526-4437
Now today, on cross over above 4644, NF will go up to 4658. On crossover above it will take NF to 4689. If NF manages to cross 4689 then also NF will face resistance at 4710-4730.
On lower side below 4614-4594, NF will go up to 4538-4526. On break below 4526 with volumes and remaining below it for 10-15mins will take NF to 4437.
Fill free to call us to know what to do during market hours.
Regards,
ANALYSENIFTY TEAM 

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