Nifty Intraday Outlook For Tomorrow: 30th Aug '11


As the new contract has been started in this month, market has taken a high jump. The third biggest rally of 2011 took place on the first day of the week. The 30-share BSE Sensex surged 567.5 points, to close at 16,416.33. Meanwhile, the 50-share NSE Nifty jumped 172 points, to end at 4,920 after hitting an intra-day high of 4,934.40. Market remain in the same position tomorrow also!!
 
Technical Levels in Nifty-50 for Tomorrow:

Resistance  :   R1  :   5020,   R2  :  5110.
Support        :   S1  :   4860,   S2  :   4800.

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