Nifty Forecast For Tomorrow

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Nifty continued selling pressure for continuous 4th trading day of the week and closed in red with higher volumes. On downside, Nifty has good support in 5,700-5,750 zone, If Nifty sustains this zone then recovery may be seen on upside. On the other hand, if Nifty could not hold 5,700-5,750 zone then panic selling pressure may be continuing.

For intraday trading, the trend deciding level is at 5,750. If Nifty shows strength above 5,750 levels, then rally to 5,800/5,840/5,900 levels may be seen. If Nifty does not show strength above 5,750 levels then selling pressure till 5,720/5,680/5,650 levels may also be seen.

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