NIFTY LEVELS TODAY.

My dear Viewers,

Here is your free Nifty analysis for 29-12-2009.
Nifty has beaten the resistance at 5177 and touched 5198 and closed at 5178.If Nifty stays above 5200 we may see Nifty going to 5300 and above.
Resistances are 5196,5211,5228,5255,5265,5285,5303,5350,5377.
Supports are 5159,5142,5138,5123,5108,5092,5055,5005,4995,4970,4953. I have give more points in resistances and supports since I feel Nifty being volatile due to closure of derivative contract ,it may encounter frequent ups and down.

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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.