Showing posts with label Nifty Trend Next Week. Show all posts
Showing posts with label Nifty Trend Next Week. Show all posts
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Yesterday Nifty Futures settled around 4710 which was down by -70.65 points or -1.48 %. In the coming trading session Nifty Futures is looking bearish if it would be able to manage to trade below the support level of 4630 or if remains above the resistance level of 4780 then it would be in an upward trend.
Resistance: 4780 - 4880, Support: 4630 - 4530.

Yesterday Bank Nifty Futures settled near 4710 which was up by -70.65 points or -1.48 %. In the coming trading session Bank Nifty is looking bearish if it would be able to manage to trade below the support level of 8350 or if remains above the resistance level of 8550 it would be in an upward trend.
Resistance: 8550 - 8720, Support: 8350 - 8230.

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On Friday, Nifty Futures settled and closed near about 49223 which is down by -9.80 points or -0.20 %. In the comong trading session Nifty futures seems to be bearish if it trades below the support level of 4845 else above the resistance level of 5085 it would be in an upward trend.
Resistance1- 5080, Resistance2- 5180, Support1- 4840, Support2- 4700.

On Friday, Bank Nifty Futures shut stop near 8881 which is down by about -9 points or -0.10 %. In coming trading session Bank Nifty Futures seems to be bearish if it trades below the support level of 8630 else above the resistance level of 9170 it would be in an upward trend.
Resistance1- 9170, Resistance2- 9325, Support1- 8630, Support2- 8400.

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Yesterday Nifty Futures settled and closed at 5199.50 which was down by -37.60 points or -0.72 %. It is looking bearish in the coming trading session if it would be able to manage to trade below the support level of 5160 or above the resistance level of 5220 it would be in an upward trend. 

Resistance: 5220 - 5360, Support: 5160 - 5080. 

Yesterday Bank Nifty Futures settled and closed at 9320 down by -284.75 points or -2.96 %. It is looking bearish in the coming trading session if it  would be able to manage to trade below the support level of 9280 or above the resistance level of 9610 it would be in an upward trend. 

Resistance: 9610 - 9950, Support: 9280 - 9140.

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Yesterday Nifty Futures settled and closed at 5317 which is up by 21.15 points or 0.40 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5360 or below support level of 5220 it would be in a downward trend.
Resistance1- 5360, Resistance2- 5410, Support1- 5220, Support2- 5080.

Yesterday Bank Nifty Futures finally settled and closed at 9888 which is up by 58.10 points or 0.59 %. It is looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5360 or below support level of 5220 it would be in a downward trend.
Resistance1- 9950, Resistance2- 10020, Support1- 9840, Support2- 9670.

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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.