Nifty future is looking positive at the moment. As we expected yesterday 5205 was the level to watch. tooday again we should have opening around 5188-5200 level.
Nifty future will face resistance at 5222-5238 range. If we sustain the level we can further see upmove. Positional trend is positive . Intraday we may not see much movement.
We gave the following view yesterday morning :
Nifty positional view : i wont be surprised if we see 5400 level +/- 50 .. in coming days .. or in feb month . down side 4949-4900 range will be support for this view ..Admin 23 hours ago
Keep tracking the same . :)
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Posted By ~~ мιтs ™ ~~ to Team Stock Researchers Pvt. Ltd. at 2/01/2012 09:14:00 AM --
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