Wednesday, May 30, 2012

NIFTY TODAY : EPISODE 115

NIFTY TREND FOR 30-05-2012

Major Resistance Levels : 5025-5050-5065
Major Support Levels : 4959-4943-4918


Nifty ( Closing ) : 4990.10

Nifty closed on a flat note. It gained only 4.45 points.

Rupees showed week trend against dollar again. It closed at 55.67 last session. Nifty showed irregular and insignificant movements. The main reason is the uncertainty related to upcoming future and option settlement date. So, most of the traders showed some hesitation to get fresh positions. But, next session will be lively as there are so many positions to settle.

GOOD LUCK........

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