Friday, March 30, 2012

nifty view 30march

Hi,
Yesterday we had written: “On lower side, on remaining below 5210, NF will try to break 5181. On break below 5181 chances are bright for 5114 level too. Keep watching 5153 during this.
Yesterday NF opened below 5210-5181 and remained below it for most part of the day. In last hour only made high of 5187.45 and settled at 5177.
In March series, our subscribers have made profit of 1101 pts.
Today, while updating this SGX nifty is trading at 5235.
Today’s trading levels for Nifty Future:
Resistance: 5239-5246-5255-5295
Support: 5200-5185-5114-5087
Today, 5239-5246-5255 is a strong resistance zone for NF. On remaining above 5239 will indicate strength of NF. If NF manages to cross 5255 level then we may see 5295 level too.
On open/break/remaining below 5239 will indicate weakness of NF. Below 5239, NF will go up to 5200-5185. Break and remaining below 5185 will take NF to 5114 level very soon, if not today then may be on Monday.
hot mecdowell
Regards,
analysenifty team

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