Saturday, January 21, 2012

Nifty Outlook for Monday

It was consecutive third week for positive trading in stock markets. Sectors like Auto, Capital goods Oil & gas made significant gains on the charts. The Sensex was up 3.8% and Nifty gained 4% during the week. *Best Nifty tips*
For Next weeks Nifty overview, Nifty has strong support at 4,950 levels. Current market trend looks positive for Nifty in the short term. Resistance for Nifty can be placed at 5074 level and sustaining above this level will be positive sign for the markets and may cross to higher levels of 5150 and 5220. Read more >>>
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