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Sunday, 4 November 2012

Nifty Outlook for 5th November’ 2012


Friday was a good day for the Indian equities as index closed up 1%.

The Nifty ended at Rs 5697.70, up 52.65 points (0.93 %) and it touched a high of 5,711.30 and a low of 5,682.55.

The Sensex closed at Rs 18755.45, up 193.75 points (1.04 %) and it touched a high of 18,793.75 and a low of 18,687.93.

We are going to see a strong opening above 5700 on Monday.

Nifty Tips for Monday

Pivot Level = 5697 



Support Level 1 = 5682

Support Level 2 = 5671

Resistance Level 1 = 5715 
Resistance Level 2 = 5724

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