Monday, 18 June 2012

Nifty Trend For Tomorrow

Nifty Trend : Experts believes that Asian markets would trade negatively tomorrow so there is possibility that Nifty may move towards 5020 and 5000 levels. It is also expected that Nifty may break 5000 level and move upto 4950-4900 levels. Today it was disappointing start for indian markets which opens up with gap up but fell after RBI decision to keep Repo rate and CRR unchanged. Today Nifty closed at 5064 down 74 points from the previous close.
Today's Top Nifty gainers were PowerGrid, Bajaj Auto and Tata Steel while biggest Nifty losers were DLF, SBI and PNB.
Nifty Technical Levels For Tomorrow
S2 – 4950.20, S1 – 5007.20, PP – 5098.70, R1 – 5155.70, R2 - 5247.20 

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