NIFTY LEVELS TODAY.

My dear Viewers,

Here is your free Nifty analysis for 01-03-2009.
Nifty went above important resistance level of 4953 and met with selling pressure at 4992 and came down loosing 70 points. It is worthwhile to note that Nifty has closed below 4953. That shows we may not see Nifty moving up immediately. If Nifty does not move and close above 5000 Nifty may come down to 4700 and 4675.
People who did not buy 4900call and 4900 put can consider buying now and play according to the market movement.

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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.