IMPORTANT NIFTY LEVELS WATCH FOR 12/05/2016

Important Nifty levels watch for 12 May 2016 –

Support 1 (S1) –7830

Support 2 (S2) –7810 to 7820

Support 3 (S3) – 7780

Resistance 1 (R1) –7850

Resistance 2 (R2) – 7890

Resistance 3(R3) – 7950

Nifty will be strong above 7860 for the target of  7890-7950-7980.

No trade zone between 7810 to 7760.

Nifty will be weak  below 7760 for the target of  7740-7720.

 

 

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