Monday, May 7, 2007

nifty outlook for 08.05.07

nifty still a major resistance which we we are talking from long time is 4175 but in mkt correction of 100-150 points already sets as told yesterday also we can see 4075or4040 levels by friday but y i am giving you resistance levels .the reason is very clear as all the rest world markets are trading at their higher levels so we need a break out as said yesterday we open in positive note and opend .views for today is we can open marginally wether it's + or -as we open higher and closes flat showing that market is having streght at lower levels .so we can expect a run up today upto 4175 leveles positively .

nifty resistance levels-4155-4175-4220
nifty support levels-4110-4075-4040
trade safe and earn safe .

No comments:

countdown

Counter and stats: