Thursday, 3 November 2011

FREE STOCK FUTURE TIPS : NIFTY LEVELS

Get free Stock Future sure shot call for tomorrows market.

 BUY PFC ABOVE 167. TGT 170/174. SL-165 LOT-1000

Nifty Market Today

Nifty continued that and after making a big bearish move in the intraday trade, finally close don modest positive note. today Nifty witnessed a good recovery in the end and closed on flat positive note. Level wise, closing above vital 5250 level will infuse some buying momentum among the investors. Though there is no clear breakout on any of the side, yet for most of the time bears were in command in today’s trade. Though broader market witnessed a good comeback but owing to weak maneuver in Large Cap, small cap and midcap, bears outnumbered the bulls, but with a reduced margin. In today’s session, Nifty though closed on flat note, yet it managed to close above the vital 9, 14, 50 & 100 day’s SMA placed at 5224,5181, 5030 & 5230. These levels may be the new supports in forthcoming sessions. In today’s session, VIX, the barometer of uncertainty, zoomed and closed at a little higher than average level of 24.66, indicating an average volatility
in market in the forthcoming sessions. RSI (14) for the session was at 59.30 levels and MACD closed above the signal line, thus combined together they are giving the signals that; market may continue to witness some range bound movements in forthcoming session amidst higher volatility.

Nifty Levels for Tomorrow


Resistance 1 - 5322

Resistance 2- 5375

Support 1-5291

Support 2-5232