Monday, April 25, 2011

Intraday Nifty Trend for 26 April 2011

The markets closed marginally lower, after a quiet day of trading, with the NSE benchmark index S&P CNX Nifty, down -10.20 points or -0.17 % at 5874.50.
The Nifty futures closed and settled finally at 5877, down by 26.55 or -0.45 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5950 else below support level of 5835 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5950 & above this level the next resistance is seen near the 6000 mark.
SUPPORT: It has first support close to the level of 5835 & below this level the next support is seen near 5765 mark.


Posted By Commodity MCX Tips