Thursday, May 28, 2009

Nifty Views for 28 May, 2009

Today is expiry day and expiries are always the most difficult to predict and trade. Trade only if you have to otherwise stay on the sidelines and watch the show.

One may buy Nifty if it moves in the green today, above 4280. Nifty will face some resistance at 4320-4325 area, above which it will test 4360.

Nifty resistance at 4275-4325-4360-4440. Support at 4215-4190-4160-4105

Free nifty tips

1 comment:

  1. Nifty opened above 4280, briefly went below it and then continued to trend up. It faced resistance near 4320-4325 exactly as predicted and made high of 4358 (our prediction was 4360).

    ReplyDelete