Nifty Prediction and Levels for Wednesday 24th August 2011 
Nifty Futures shut stop at 4944.95 up by 34.5 or 0.7 %. It is looking bullish in the coming trading session if it manages to trade below the support level of 4875 else above resistance level of 4962 it would be in an upward trend.

Nifty Future Support and Resistance Levels for Thursday:-
RESISTANCE: It has first resistance close to the level of 4962 & above this level the next resistance is seen near the 5140 mark.
SUPPORT: It has first support close to the level of 4875 & below this level the next support is seen near 4765 mark.