Sunday, May 23, 2010

NIFTY - weekly out look.

*Weekly Pivot is 4959.55. Opening on Monday can be around this level.


*Ahead of this nifty can feel resistance near 4970 level.


*I do not expect nifty to shoot up immediately in this week. It may consolidate in the range of 4810 to 5160 in this week.


*It is an expiry week, so beware of volatility.