Friday, July 22, 2011

Market Prediction: Nifty Intraday Updates for 22 July

The Indian benchmark indices ended in red on Thursday due to decline in heavyweight stocks and weak global cues. The Nse index ended at 5541.60 down by 25.45 points.

Nifty futures lost 22.50 points and settled finally at 5547.05. A bearish trend is anticipated for Nifty tomorrow if it trades below 5490 mark while above 5590 it is likely to be in bullish run.
Support and Resistance zones for Nifty are 5514-5490 and 5573-5590 respectively.


Posted By Commodity MCX Tips