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Nifty Prediction and Levels for Tomorrow- Tuesday 30th August 2011

Today strong gains were seen and rally supported by positive global cues. ADAG, IT and banking were the top performers of todays trading session all sectorial indices closed in green.
Nifty Futures finally settled and closed at 4939.55 which is up by 190.85 points or 4.02 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 4975 or below the support level of 4800 it would be in a downward trend.

Nifty Futures Support and Resistance Levels for Tuesday:-
Resistance1- 4975 & above this level
Resistance2- 5080.
Support1- 4800 & below this level
Support2- 4715.

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