Thursday, May 3, 2007

nifty outlook for 03.05.2007

as nifty hold the support of 4040 very well as all world market turns bullish ....as technicals also showing a bounce back in market so i am expecting for today 4125 is a crucial resistance levels for nifty today if it manages to cross then we can see upto 4145-4175.downside is limited of only 20-30 points but chances are very less.
as our last call on monday of 4100 call is still open ...b with it .

nifty res levels-4098-4125-4175
nifty suport levels-4063-4040- after that we can see a fall

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