Nifty Outlook for 7th November’ 2012

It was another lack luster session for the market this week and the volumes too were less ahead of US President Election.

Nifty Closing Session Today: 

Close: 5724.40, up 20.20 points (0.35%)

Day’s High: 5730.80

Day’s Low: 5693.65

Sensex Closing Session Today: 

Close: 18817.38, up 54.51 points (0.29%)

Day's High: 18829.07 

Day's Low: 18726.94

Nifty Levels for 7th November’ 2012

Pivot Level = 5716.25 

Support Level 1 = 5701.77

Support Level 2 = 5679.12

Resistance Level 1 = 5738.92

Resistance Level 2 = 5753.43

Nifty Simple Moving Averages:

30 Days = 5686.41

50 Days = 5569.68

150 Days = 5295.60

200 Days = 5301.39