Nifty Tips
The markets closed marginally higher on the third consecutive day of lackluster trades where the markets were mainly moving sideways. The S&P CNX Nifty closed up 23.80 points or 0.43 % at 5565.05.
The Nifty futures closed and settled finally at 5562.80, down by 17 or 0.31 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5605 else below support level of 5510 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5605 & above this level the next resistance is seen near the 5730 mark.
SUPPORT: It has first support close to the level of 5500 & below this level the next support is seen near 5440 mark.
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