Saturday, March 5, 2011

Nifty Forecast For Monday 7th March 2011

The S&P CNX Nifty closed today  at 5538.75, up 2.55 points or 0.05. The Nifty Benchmark ended at 5547.54 up 3.05 points or 0.06 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5622 above this level it would be in a bullish trend else below 5375 it might face more selling pressure.

RESISTANCE: It has first resistance close to the level of 5622 & above this level the next resistance is seen near the 5715 mark.
SUPPORT: It has first support close to the level of 5475 & below this level the next support is seen near 5375 mark.


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Posted By Commodity MCX Tips