The market showed a remarkable performance on Tuesday led by broadbased buying, rose up 2.25%. Today NSE banchmark Nifty closed at 4,849.55 with 106.75 points upside. In international markets- European markets were trading 1-2% higher and the Dow Jones futures gained 88 points. Bandyopadhyay is confident that European problems will get resolved in the year 2012.
So Technically market may show its strength again and get more bullish trend tomorrow.
Nifty Trend For Tomorrow
Technically nifty is looking bullish if it manages to trade above the resistance level of 4940, else below the support level of 4755 it would be a down trend.