NIFTY LEVELS TODAY.

My dear Viewers,

Niftyon16-08-2011
Prcl:5072.95	Op: 5125.75	Hi: 5132.20	Lo: 5015.40	Cl: 5035.80

Here is your free Nifty analysis for 17-08-2011.
Nifty could not open above 5200 and it has come down to 5035 which near its support level of 5000. If Nifty sustains above 5000 we may see Nifty go upto 5200 to face resistance. Otherwise it may 4900 range and rebound.If Nifty goes below 4900(4880) we may see 4800 and buying emerge from that range.

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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.