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Monday, April 4, 2011

NIFTY Spot Trading Support & Resistance - 05 APRIL 2011

RESISTANCE :- 5940.36, 5972.28, 6025.86
SUPPORT :- 5854.86, 5801.28, 5796.36


BREAK - EVEN POINT :- 5886.78


MARKET OUTLOOK :- POSITIVE IF SUSTAINS ABOVE 5886.78.


AS IT WAS SUGGESTED THAT NIFTY SPOT WILL FACE THE BIG RESISTANCE @ 5875. NOW NIFTY SPOT FACED THE BIG THE RESISTANCE AT THIS LEVEL. IF NIFTY SPOT SUSTAINS ABOVE 5875 AT LEAST 3 DAYS ON CLOSING BASIS, THEN WE WILL SEE THE NIFTY SPOT UP TO 6021 - 6083 IN COMING WEEKS.......


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