About Me

Chennai, Tamil nadu, India

Thursday 16 December 2010

NIFTY LEVELS TODAY.

My dear Viewers,
Niftyon15-12-2010
Prcl:5944.10 Op:5931.15 Hi:5942.75 Lo:5865.80 Cl:5892.30

Here is your free Nifty analysis for 16-12-2010.
Nifty made a high under the previous close at 5942 and came down. It touched low of 5865 and closed at 5892.Now the resistances are 5900,5944,5960,6000,6040,6090. Unless Nifty closes above 6090 bears is not going to leave their hold. It looks like Nifty will go to 5500 before starting its up move.This is my own opinion and people who follow this blog are advised not to take trading decision based only on this.


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.

1 comment:

  1. I really appreciate your post and you explain each and every point very well.Thanks for

    sharing this information.And I’ll love to read your next post too.
    Regards
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