Thursday, April 7, 2011

Market Trend: Nifty For 8 April 2011

The S&P CNX Nifty ended at 5885.70, down by -6.05 points or - 0.10 %.

The Nifty futures closed and settled finally at 5902.10, down by -8.85 points or -0.15 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5975 else below 5870 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5935 & above this level the next resistance is seen near the 6000 mark.

SUPPORT: It has first support close to the level of 5870 & below this level the next support is seen near 5770 mark.

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Posted By Commodity MCX Tips