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Thursday, January 20, 2011

Nifty Views and Trading Levels For Tomorrow 21-Jan

Nifty Future is looking volatile and moving under the range of 5753-5629 from last few trading session. Today it closed near to its resistance level, that indicates it may take up move in coming trading session till 5820. On the other side if it breaks 5625 level then it may take some correction. One should wait for proper break out on either side. Nifty Future could find resistance at 5755/5885, support at 5625/5560 levels.

RESISTANCE: It has first resistance close to the level of 5755 & above this level the next resistance is seen near the 5885 mark.

SUPPORT: It has first support close to the level of 5625 & below this level the next support is seen near 5560mark.

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