Showing posts with label Nifty Trend for Tuesday. Show all posts
Showing posts with label Nifty Trend for Tuesday. Show all posts
Intraday Tips for Tomorrow- Nifty Technical Views Tuesday 10 May
[6:03 PM | 0 comments ]
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The markets ended on a flat note today, after gyrating between zones during intra-day trades. The S&P CNX Nifty was down -0.35 points at 5551.10, after having recovered 48 points from the day's low of 5502.40. The international cues were not encouraging either.
The Nifty futures closed and settled finally at 5558.65, up by 3.65 or 0.07 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5500 else above resistance level of 5595 it would be in an upward trend.
It has resistance close to the level of 5595 & above this level the next resistance near the 5730 mark. It has support close to the level of 5500 & below this level the next support near 5350 mark.
 

Intraday Tips for Tomorrow (NIifty Position, Tuesday 3 May 2011)
[7:09 PM | 0 comments ]
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The NSE benchmark index S&P CNX Nifty, down -48.20 points or -0.84 % at 5704.30, on the first trading day of the week on the back of selling pressure witnessed in the banking and consumer durables space.
The Nifty futures closed and settled finally at 5725.40, down by 28.40 or -0.49 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5660 else above resistance level of 5790 it would be in an upward trend.
It has resistance close to the level of 5790 & above this level the next resistance near the 5950 mark. It has support close to the level of 5660 & below this level the next support near 5570 mark.