Nifty Trend Level Today 4 may 2015—By Equity Research Lab

NIFTY SPOT: 8181.50 (-0.71%)                                     NIFTY : FUT: 8183.25 (-0.67%)

Equity benchmarks continued their slide on Thursday, with the Nifty breaching the psychological 8200mark and the Sensex slipping below 27,000. Brokers said concerns over earnings growth, macro recovery are prompting foreign institutional investors to head for other emerging markets which are doing better at the moment. Unwinding of long positions because of derivatives expiry today also added to the pressure.

Daily Nifty Levels (SPOT)                                                                      Pivot: 8185.22

R1: 8225.68                                                                                               S1:  8141.03

R2: 8269.87                                                                                               S2: 8100.57

R3: 8310.33                                                                                               S3: 8056.38

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