NIFTY LEVELS TODAY.

My dear Viewers,

Niftyon27-04-2011
Prcl:5868.40	Op:5884.20	Hi:5892.35	Lo:5819.95	Cl:5833.90

Here is your free Nifty analysis for 28-04-2011.
Nifty is following the trend line formed from February low.If you extend the trend line it shows that supports are between 5348 to 5500.But there is good support level around 5600 and below which only we can expect this much low.Initially we can go for 5600 put .On the contrary if Nifty goes above 5924 and closes above we can expect Nifty to go above 6000.Every thing depends upon the election result in May,2011.

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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.