Saturday, May 14, 2011

Intraday Nifty Tips for Monday

The S&P CNX Nifty closed down -78.90 points or -1.40 % to 5586.15.

The Nifty futures closed and settled finally at 5486.60, down by -78.05 or -1.40 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5440 above the resistance level of 5580 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5580 & above this level the next resistance is seen near the 5730 mark.
SUPPORT: It has first support close to the level of 5440 & below this level the next support is seen near 5350 mark.


Posted By Commodity MCX Tips