As we can see Nifty is now at an important juncture and any break of 5448 level means that Nifty falls to the level of 5000 and if this level is broken than support is seen at 4700 and if further 4700 level is broken we see Nifty finding support at 4350 level.
Each level will act as a support and level being broken becomes resistance. One has to move with these given levels to arrive at a fair conclusion that how market is going to behave in days to come. This analysis is being made on 25 June 2011 and You can even have a look at earlier Nifty future prediction made on 18 Feb where Nifty broke out and achieved new highs.
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