Monday, March 21, 2011

NSE Market Trend and Nifty Intraday for 22 March 2011

The markets opened in the green zone today morning, taking positive cues from the global markets but slipped into the red. The S&P CNX Nifty closed at 5364.75, down -8.95 points or -0.17 %.

The Nifty futures closed flat and settled finally at 5387.10, up by 0.25 points or -0.00 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 5310 else above 5425 it might be in an upward trend

RESISTANCE: It has first resistance close to the level of 5425 & above this level the next resistance is seen near the 5505 mark.
SUPPORT: It has first support close to the level of 5310 & below this level the next support is seen near 5230 mark.


Posted By Commodity MCX Tips