This Article is From Nov 25, 2011

Nifty levels to watch

Nifty levels to watch

Nifty is to move in a range of 4750-4930 today. A close below 4750 will pave way for 4650 where support is there above 4950. We can test 5030-5100, which are resistance zones.

The crucial levels on Nifty resistance are 4930-4950 and crucial support is 4750-4650.

Nifty will move in this range till the budget. The budget will give impetus for markets to either break below 4650 or rally above 4950.

Till then this range should hold.