Friday, May 4, 2012

Stock market Trend| Nifty levels for 7 May 2012

Stock market trend :- stock market had another red end closing and touched the narrow end, both sensex and nifty.Today market had to face high selling pressure in the end of the trading of the day in which infrastructr sector contribute the nifty touched the lowest point after january.For monday stock market have teh weak sentiments and expecting to trade at lower range on Monday. 
Nifty Support and Resistance 7 May :- Nifty have support at 5055 if nifty will able to break this support level then next support will be at 4956.Nifty have resistance level at 5154,if nifty will able to break this level then next resistance will be at 5253 and pivot level at 5118.