Nifty Tips
Indian markets ended in the negative territory as traders squared off positions ahead of May series expiry. Weak cues from global markets also hurt sentiments. The S&P CNX Nifty ended at 5348.95, down -45.90 points or -0.85 %.
The Nifty futures closed and settled finally at 5349.45, down by -38.40 points or -0.71 %. It is looking bearish in the coming trading session if it manages to trade support level of 5310 else above resistance level of 5375 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5375 & above this level the next resistance is seen near the 5440 mark.
The Nifty futures closed and settled finally at 5349.45, down by -38.40 points or -0.71 %. It is looking bearish in the coming trading session if it manages to trade support level of 5310 else above resistance level of 5375 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5375 & above this level the next resistance is seen near the 5440 mark.
SUPPORT: It has first support close to the level of 5310 & below this level the next support is seen near 5175 mark.
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