Nifty Index Daily Outlook: 28.05.2014
As expected & written in our Daily Outlook, to-day 27.05.14, Nifty Index on opening move rallied till 7372 level, but the weakness dragged Nifty to 7274 and closed at 7318 with weak note.
We expect on Wednesday 28.05.14, Nifty may try to take support at 7313-7293 band further weakness below 7293 may drag the Index further to 7270-7253-7244-7236-7210 levels. On the other hand Nifty may try to move up, till 7345-7357 band, further rally above 7357 may take the Index to 7371-7381-7390-7410-7417 levels.