Showing posts with label Nifty for Thursday. Show all posts
Showing posts with label Nifty for Thursday. Show all posts
Intraday Tips For Tomorrow- Nifty Futures Thursday 19 May 2011
[6:18 PM | 0 comments ]
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The markets closed in the red for the third consecutive day of the week as heavyweights RIL, SBI and ONGC witnessed selling pressure through the day. The S&P CNX Nifty closed the day down -18.35 points or -18.35 % at 5420.60.
The Nifty futures closed and settled finally at 5424.05, down by -23.35 or -0.43 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5380 else above resistance level of 5465 it would be in an upward trend.
It has resistance close to the level of 5465 & above this level the next resistance near the 5540 mark. It has support close to the level of 5380 & below this level the next support near 5310 mark.

Intraday Tips for Tomorrow- Nifty Technical Levels 12 May
[6:36 PM | 0 comments ]
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The markets closed marginally higher on the third consecutive day of lackluster trades where the markets were mainly moving sideways. The S&P CNX Nifty closed up 23.80 points or 0.43 % at 5565.05.
The Nifty futures closed and settled finally at 5562.80, down by 17 or 0.31 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5605 else below support level of 5510 it would be in a downward trend.
It has resistance close to the level of 5605 & 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 5440 mark.