Nifty Tips
Civil unrest in Libya and negative global clue made The S&P CNX NIFTY closed at 5476.10, down by 52.05 points or -0.94 %. The Indian VIX which is currently at 26.85 and it was up by 1.94 points or 7.79 %. It indicates that the market will continue to be in a downward trend.
NIFTY Futures closed at 5476.10, down by 52.05 points or -0.94 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5395 else above 5540 it would be in a bullish trend.
RESISTANCE: It has first resistance close to the level of 5540 & above this level the next resistance is seen near the 5600 mark.
SUPPORT: It has first support close to the level of 5395 & below this level the next support is seen near 5330 mark.
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