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Thursday, 9 April 2015

Nifty outlook

It was a sunny day for the  Nifty at the
opening bell. But soon after that gloomy clouds covered it. Through out the day Nifty hovered between 80 points. With equal shades of red and green. Admist the confused state of Nifty, Bank nifty tried to give it a positive direction. Finally on back of strength from Bank Nifty and Reliance Industries Nifty closed at 8778 (almost at days high).

For tomorrow the support and resistance as depicted in the charts lie at 8690 and 8825 respectively. 

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