Saturday, 22 October 2011

Outlook of Nifty for 24th Oct


Nifty Future resistance comes at 5072-5081. If fails to cross 5081 and stays below 5055-5035 then it will  slide to 5012-5001.

The major support below 5001 is 4970 and a possibility of  touching 4977-4973 is also not ruled out till expiry.  



I would still suggest Alertness till we get a break-out above 5175-5187. Above 5081 it  can touch 5124-5141-5157.

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