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Thursday, February 3, 2011

Nifty Futures Outlook For Tomorrow 04-Feb

Nifty futures from the last few trading session moving in a particular range of 5410-5550. It is now taking resistance at 5550/5625 and support at 5410/5350. Nifty is looking positive in the coming trading session if it manages to trade above the resistance level of 5550 else below 5625 it would might face more selling pressure.

RESISTANCE: It has first resistance close to the level of 5550 & above this level the next resistance is seen near the 5625 mark.

SUPPORT: It has first support close to the level of 5410 & below this level the next support is seen near 5350 mark.

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