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Monday 14 November 2011

Nifty Outlook For Tomorrow 15-Nov

Indian Markets opened positive with substantial gains today, but unable to hold the gains and closed with moderate loss. Today Nifty showed selling pressure from resistance near 5,225 levels for 3rd consecutive trading sessions. Bears are having control at the moment, and volatility may continue ahead.

For Nifty Outlook Tomorrow if Nifty trades below 5120 level then selling pressure till 5,075-5,030 may be seen. On the other hand, if bulls survive above 5,150 level then Nifty is likely to touch the levels of 5200-5230.

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