Saturday, October 23, 2010

Nifty Future Outlook (25th - 29th Oct)

Nifty Spot Closed @ 6066

Supports @ 6000-5920-5865
Resistances @ 6137-6240-6326
Trend Decider @ 6000/6137
Strong/Weak Above/Below 6040.
Range Expected 5970-6280

This Week Nifty Faced Stiff Resistance @ 6137 & took Support @ 6000-5970. This Week, Nifty is Expected to be in Range of 5970-6280. This is also F&O Expiry week hence Volatility will be there. Until & Unless Nifty Spot Holds 5970, Its Slightly Bullish, More Strength Above 6137. Weakness Will arise below 5970 Spot.



" Trade with Levels not with Hope "


Regards,
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