Tuesday, 1 November 2011

Outlook of Nifty for 2nd Nov


Nifty Future immediate support comes at 5223-5191. 

The immediate resistance is placed at 5337. Only a cross over above 5337 we can again retest the levels of 5383-5403. 



A break below 5263 can drag nifty down to 5223-5191. However I would still advise going longs in sharp declines near 5200 for positional traders.

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