Nifty ( Closing ) : 5564.30
NIFTY TREND FOR NEXT SESSION
Major Resistance Levels : 5611-5646-5673.
Major Support Levels : 5525-5498-5463.
Short Term Target of Nifty : 5525-5535.
Nifty increased 42 points and closed at 5564.30. It achieved our short term target ( 5583-5593) in the morning itself . The target was given on 15th February ( Ref. NIFTY TODAY : EPISODE 45).
Most of the sectoral indices closed in green last trading session. US economic data fueled the rally of indices . The data was connected to housing , employment and inflation . Besides , hopes on resolution of European crisis helped Nifty gained.
FII investment is completed 21000 Cr. Profit booking and correction may expect at any time. So, taking positions should be very carefully .
GOOD LUCK.....
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