Nifty Tips
Market turned to sidelines after three consecutive bullish trading sessions which pushed the market up 4.6 %. The S&P CNX NIFTY closed at 5481.70, up 0.70 points or 0.01 %. The Indian VIX which is currently at 23.05 and it was up by 0.88 % or 0.20 points indicates that the market will continue to volatile in the short term. NIFTY Futures closed at 5494, up by 17.90 points or 0.33 %. It is looking bullish in the coming trading session if it manages to break the resistance level of 5566 else below 5450 it would be in a bearish trend.
RESISTANCE: It has first resistance close to the level of 5566 & above this level the next resistance is seen near the 5625 mark.
SUPPORT: It has first support close to the level of 5450 & below this level the next support is seen near 5400 mark.
Posted in: 
0 comments:
Post a Comment