Thursday, July 14, 2011

Nifty Intraday Tips: Market Trend for Tomorrow 15 July 2011

The market traded so unpredictably today and ended with a flat note. Strarting with negative bias, Nifty touched an intraday low of 5541.70 and then in the second half it recovered so nicely and rallied 112.25 points to make an intrday high of 5653.95 . But a sudden fall was seen in las trading hours and market ended the session in a flat note and the index finally Closed at 5599.80

Nifty Futures finally settled at 5585.10 down by 14.65 points.

From here if Nifty futures trades above 5630 level, it can see some higher levels like 5660-5685 and even 5700 later.

The crucial resistance range for Nifty is 5633-5665 and support levels are- 5565-5538.


Posted By Commodity MCX Tips