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Chennai, Tamil nadu, India

Wednesday 11 March 2009

NIFTY LEVELS .

Dear Viewers,

Nifty has touched low of 2556 which is just above the support level of 2550 and closed at 2573.Cosidering the dow movements and Nifty closed above 2550 Nifty may open high and meet resistance at 2628 level. If Nifty goes above this level it may go to 2660,2705.Nifty is in down side mode only till it crosses 2790 and 2800.
Resistances are2612,2628,2678,2705,2720.
Supports are 2570,2554,2540,2524,2503.
Nifty will go down drastically below 2500 level.


Disclaimer: Please take trading position based on your own analysis. The suggestion given above may not yield profit and the author is not responsible for any loss.

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