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

David Ryan

“The Single Most Important Advice I Can Give Anybody Is: Learn From Your Mistakes. That Is The Only Way To Become A Successful Trader.”

Important for Every Trader

Trade with Data. Trade with Knowledge. Trade with Confidence. Trade with Dignity.

Dhirubhai Ambani

"Think Big, Think Fast, Think Ahead. Ideas are no One's Monopoly."