Nifty – 4950 next on cards?

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Nifty – 4950 next on cards?

This article was posted on May 6, 2012 and is filed under Market News

Nifty did give a negative breakout below 5130 levels on Friday. As of now next target seems to be 4950. It has strong resistance now at 5150-5160 levels and support at 4930-4950.

Click on the chart below to enlarge:

bakedchart

Note: The Credit of this post goes to the original witters of this post and not to NSEGUIDE

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