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Thursday, 8 September 2011

Nifty Intraday Outlook for Tomorrow 09-Sept

It was successive positive day for Indian Stock Markets. On Nifty daily charts, we are observing that RSI having a value 52.80 is northbound. For intraday trading tomorrow 5,110 is the immediate support for Nifty and if this is broken, next support is seen at 5,080-5,050. While on the upside Nifty could find immediate resistance level at 5200 and any gains above this level may lead Nifty to the 5,240-5,275 levels.

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