Nifty Tips
As we expected yesterday the market today faced a consolidated phase on Tuesday. Lack of global cues resulted in less volume in the market which let Nifty index to open with flat note. Nifty Index dragged 0.33% with the loss of 18.40 points.
Nifty futures settled at 5651.10 with a decline of 14.57 bearing a loss of 0.26 %.
An upside trend can be seen in Nifty if it able to break above 5674 which can lead Nifty To touch 5693-5726 level initially. Below 5600 Nifty may face downtrend.
Technical Levels-
The first resistance close to the level of 5674 & above this level the next resistance is seen near the 5700 mark.
It has first support close to the level of 5628 & below this level the next support is seen near 5600 mark.
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