Showing posts with label Free Nifty Tomorrow. Show all posts
Showing posts with label Free Nifty Tomorrow. Show all posts
Nifty For Tomorrow (Intraday Calls Wednesday, 13 April 2011)
[7:25 PM | 0 comments ]
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Today Market opened lower and traded with negative bias throughout the day to close in red. On the daily chart, it is being observed that prices are moving closer to the 200-day SMA (19,048 / 5,700 levels) which is the immediate support for the indices. In coming trading session if indices trade below 19,245 / 5,777 levels then they are likely to test 19,150 - 19,050 / 5,750 - 5,700 levels. On the upside, 19,426 - 19,540 / 5,830 - 5,875 levels may act as resistance for the day.


 

Nifty For Tomorrow (Friday,8 April 2011)
[6:47 PM | 0 comments ]
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The S&P CNX Nifty ended at 5885.70, down by -6.05 points or - 0.10 %.
The Nifty futures closed and settled finally at 5902.10, down by -8.85 points or -0.15 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5975 else below 5870 it would be in a downward trend.
It has resistance close to the level of 5935 & above this level the next resistance near the 6000 mark. It has support close to the level of 5870 & below this level the next support near 5770 mark.