Nifty Levels for Friday 22nd July 2011
Nifty opened at 5555, extended losses in late noon and traded choppy for the whole day and touched a high of 5579 and low of 5533. The index finally ended down by -25.45 points. Nifty ended at 5,541.60 - down by -25.45 points.
Nifty Futures shut stop at 5547.05 down by -22.50 or -0.40 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 5490 or above resistance level of 5590 it would be in an upward trend.
Support and Resistance Levels for Friday:-
Resistance 1- 5590 above this level Resistance 2- 5670.
Support 1- 5490 below this level Support 2- 5440.
Nifty opened at 5555, extended losses in late noon and traded choppy for the whole day and touched a high of 5579 and low of 5533. The index finally ended down by -25.45 points. Nifty ended at 5,541.60 - down by -25.45 points.
Nifty Futures shut stop at 5547.05 down by -22.50 or -0.40 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 5490 or above resistance level of 5590 it would be in an upward trend.
Support and Resistance Levels for Friday:-
Resistance 1- 5590 above this level Resistance 2- 5670.
Support 1- 5490 below this level Support 2- 5440.
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