Sunday, May 16, 2010

Weekly Spot Nifty Levels

Expected  Nifty range for next Week
<<<4943>>><<<5359>>>
The corresponding pivot level for the Nifty is 5,130. It will be advantage bears as long as the index stays below 5,130. Above this, the index may face resistance around 5,185-5,210. On the downside, the index is likely to find support around 5,020-5,000-4,980.

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