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Wednesday, August 3, 2011

NSE NIFTY prediction for tommorow 4-8-2011


Indian stock markets are currently in downward trend, and investors are very cautious, so how might NIFTY behave tommorow, this will give you fair idea about how NSE NIFTY might perform tommorow:

Tomorrow is last chance for bulls to strike back in week and lift nifty above 5444 then above 5488. if they fail to do then bears will keep on pulling the index down. Breaking 5466-88 level will create panic and next good support available only at 5177. Closing below 5177 will take down nifty to unexpected levels.

So keep fingers crossed and watch US Stock closely today.

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