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Wednesday, April 28, 2010

Technical View and Advice on Nifty Future

Nifty witnessed the huge selling pressure today and get corrected from the higher levels. In the downside still it is holding the support levels of 5190 to 5200. Nifty getting the good buying support close to the support level of 5200. Closing below this support zone may futher decline it till the lower levels of 5100 to 5105 in near term. We recommend that traders could go for long in nifty future from the current levels for the target of 5290, 5320 & 5350 with the intra day.


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