About Me

Chennai, Tamil nadu, India

Wednesday 25 May 2011

NIFTY LEVELS TODAY.

My dear Viewers,
Niftyon24-05-2011
Prcl:5386.55 Op:5385.10 Hi:5422.60 Lo:5367.45 Cl:5394.85

Here is your free Nifty analysis for 25-05-2011.
In the great money spinner IPL CSK (Chennai Super Kings) stormed into finals. Like that will Nifty follow suit? If Nifty crosses the resistance points between 5400 and 5460 and stays above 5454 lot of short covering will happen and Nifty will reach 5500 to meat higher resistance. We can buy 5500 call of next month and wait and when Nifty reaches 5500 buy 5500put and lock the profit.


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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