nifty trend

nifty may test 5050 level in couple of trading session

seems for the time being bottom is done. Lets hope for the tgt of 4990-5050.

If i am not wrong the support price should be below the closing price ... Nifty spot lost traded price is at 4866 and thanks for your good work.

below are the pivot levels for 12/12/2011 please correct me if i am wrong..

R2 4952.33
midpoint 4931.00
R1 4909.67
midpoint 4892.50

PP 4875.33>>>> Pivot Point

midpoint 4854.00
S1 4832.67
midpoint 4815.50
S2 4798.33