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Markets surged for the third consecutive session tracking gains in global markets and after TCS (Tata Consultancy Services) reported fourth quarter earnings in line with expectations. The S&P CNX Nifty closed at 5884.70, up by 33.05 or 0.56 %.
The Nifty futures closed and settled finally at 5901.60, up by 31 or 0.53 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5950 else below support level of 5880 it would be in a downward trend.
It has resistance close to the level of 5950 & above this level the next resistance near the 6000 mark. It has support close to the level of 5880 & below this level the next support near 5765 mark.



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