Nifty Prediction and Levels for 2nd August 2011
Today S&P CNX Nifty opened at 5479 and traded volatile whole day in range of 5460 and 5520. After four days continuous loss Indian benchmark recovered and S&P CNX Nifty was able to end up in green.
Nifty drops by 152 points on weekly basis i.e. 2.7%. Spot Nifty ended the session at 5516.80 adding 34.80 (0.63%) points to its previous close while Nifty Futures finally shut stop at 5528.55 up by 40.55 or 0.74%.
Nifty Futures Support and Resistance Levels for Tuesday:-
Resistance1- 5536 & above this level Resistance2- 5585.
Support1- 5464 & below this level Support2- 5440.
Today S&P CNX Nifty opened at 5479 and traded volatile whole day in range of 5460 and 5520. After four days continuous loss Indian benchmark recovered and S&P CNX Nifty was able to end up in green.
Nifty drops by 152 points on weekly basis i.e. 2.7%. Spot Nifty ended the session at 5516.80 adding 34.80 (0.63%) points to its previous close while Nifty Futures finally shut stop at 5528.55 up by 40.55 or 0.74%.
Nifty Futures Support and Resistance Levels for Tuesday:-
Resistance1- 5536 & above this level Resistance2- 5585.
Support1- 5464 & below this level Support2- 5440.
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