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Indian markets showed an upward rally today after showing low for five sessions and ended near psychological resistance levels. All the pectoral indices ended in the green with capital goods, auto and banking stocks leading the up move. The S&P CNX Nifty closed at 5911.50, up by 140.35 or 2.42 %.
The Nifty futures closed and settled finally at 5944, up by 140.35 points or 2.42 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5950 else below support level of 5750 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 5750 & below this level the next support near 5695 mark.

 

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