Showing posts with label Nifty Levels for Tomorrow. Show all posts
Showing posts with label Nifty Levels for Tomorrow. Show all posts
Intraday Calls for Tomorrow (Bank Nifty Futures for Friday 6 May 2011)
[6:32 PM | 0 comments ]
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In banking, CNX Bank Index lost 183.25 points or -1.68 %. Amongst the banking stocks Punjab National Bank, ING Vysya Bank and Vijaya Bank lead the row.
Bank Nifty Futures shut stop at 10748.45 down by 79.65 % points or 1.44 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10690 else above resistance level of 11010 it would be in a upward trend.
It has resistance close to the level of 11010 above this level the next resistance near to the level of 11380. It has support close to the level of 10690 & below this level the next support near 10520 marks.

Nifty for Tomorrow 28 April 2011
[7:11 PM | 0 comments ]
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Today Market opened on a positive note, but selling pressure dominated throughout the trading session and the indices finally closed in the red. At present, in view of the current price action there is no clarity of the trend. Momentum on the upside would resume only above 19,650 / 5,900 levels and  then indices may test the prior swing high of 19,811 / 5,944 or even extend their gains to 19,990 / 6,000 levels in couple of trading sessions. On the downside, indices have support at 19,306  - 19,171 / 5,791  -  5,760 levels.

Nifty for Tomorrow (Thursday, 21 April 2011)
[7:22 PM | 0 comments ]
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Today market witnessed a gap up opening and momentum on the upside was seen till the end of the day to close near days high. On the daily chart, it is being observed that prices after taking support at the 200-day SMA are now heading to test the downward sloping trend line joining the two significant highs of 21,108 - 20,664 / 6,338 - 6,181. In coming trading session, if indices trade above 19,490 / 5,860 levels then they are likely to test 19,649 - 19,737 / 5,900 - 5,923 levels. On the downside 19,171 - 19,000 / 5,760 - 5,700 may act as support for the day.