Nifty Tips
Markets continued to languish in red albeit off the day's low. Earlier in the day, the indices slumped over 80 points after a strong earthquake hit Northern Japan. The S&P CNX Nifty closed at 5445.45, down 48.95 points or -0.76 %.
The Nifty futures closed in the red and settled finally at 5462.55, down -42.10 points or -0.76 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 5400 below this level it would be in a bearish trend else above 5515 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 5400 & below this level the next support is seen near 5310 mark.
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