NSE's NIFTY prediction for tomorrow

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Since bullish days are back at Indian stock markets thus National Stock Exchange's NIFTY should remain in upbeat mood tomorrow with resistences at crucial levels.

Following is how NIFTY might perform tomorrow:
next resistance which NIFTY is at 5177-5200 levels. now anything above 5066 good for bulls. so, bulls can keep 5066 as stoploss for all longs. Whereas below 5066, bears can initiate, so
keep 5111 as stoploss.

Weekly range for Nifty:
4888/4977-5066-5155/5244

HAPPY TRADING!!

NSE NIFTY prediction for tommorow 4-8-2011

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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.

NIFTY futures for tomorrow 3-8-2011 and week

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With global economic uncertainity at all high and US economy in shatter mode, Indian stock markets are also following it's peers and is in downward mode.

If Nifty Breaks 5466-88 level will create panic and next good support should be available at 5177 level. Closing below 5177 will take down nifty to unexpected levels. any growth above 5511 will put nifty in range bound for rest of this week. so bulls have to keep 5444-spot as stoploss for all longs.

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