Nifty Levels for Next Week- Monday 25th July 2011
The markets ended with handsome gains today on an upbeat note following positive news of Greece bail out by European Union and gains in banking shares after Axis Bank reported upbeat results and all sectors closed positive. The index ended at 5633.95 up by 92.35 points.
Nifty Futures finally settled and closed at 56445.55 up by 101.35 or 1.83 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5670 or below the support level of 5570 it would be in a downward trend.
Nifty Futures Support and Resistance Levels for Monday:-
Resistance1- 5670 & above this level Resistance2- 5790.
Support1- 5570 & below this level Support2- 5490.
The markets ended with handsome gains today on an upbeat note following positive news of Greece bail out by European Union and gains in banking shares after Axis Bank reported upbeat results and all sectors closed positive. The index ended at 5633.95 up by 92.35 points.
Nifty Futures finally settled and closed at 56445.55 up by 101.35 or 1.83 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5670 or below the support level of 5570 it would be in a downward trend.
Nifty Futures Support and Resistance Levels for Monday:-
Resistance1- 5670 & above this level Resistance2- 5790.
Support1- 5570 & below this level Support2- 5490.
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