Saturday, April 28, 2012

Nifty outlook for week ending 04 May 12

we predicted nifty range for last week from 5150 to 5400
levels 5150 >< 5315( see at chart )and nifty traded in the range of 5154 to 5310
Next week spot may may trade between 5145 to 5310
above 5310  Nifty spot will conquer 5400 >< 5512 ...
if 5145 will break then nifty will see 5070 >><<4942 in next week.. 
have a look on chart 
Nifty will turn bullish  if it will move above 5250 .
5200><5250 zone will create confusion in traders .
Buy on dips till Nifty is trading above 5150 .

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