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Thursday 3 November 2011

Nifty Intraday Outlook For Tomorrow 04-Nov

By looking on Nifty charts it is expected that Nifty is likely to trade in 5,150-5,400 range and volatility may be seen in this range in coming trading sessions. Traders are advised to be cautious in this range. 

For Intraday trading tomorrow, trend deciding level is at 5,280. If Nifty shows strength above 5,280 levels, then rally to 5,310/5,350/5,400 may be seen. If Nifty does not show strength above 5,280 levels then profit booking till 5,200/5,150/5,100 may also be seen.

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