Thursday, March 10, 2011

Nifty Day Trading Levels for tomorrow- Nifty Futures Technical View

Market ended in a negative zone due to negative global cues and crude price worries. The S&P CNX Nifty closed at 5494.40, down 36.60 points or 0.66 %.

The Nifty futures closed in the red and settled finally at 5508.40, down -33.40 points or -0.60 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5515 above this level it would be in a bullish trend else below 5465 it might face more selling pressure.

RESISTANCE: It has first resistance close to the level of 5515 & above this level the next resistance is seen near the 5575 mark.
SUPPORT: It has first support close to the level of 5465 & below this level the next support is seen near 5400 mark.



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Posted By Commodity MCX Tips