Monday, July 25, 2011

Nifty Intraday Tips: tomorrow Market Updates (26 July 2011)

The market extended it uptrend on Monday prior to the RBI policy meet tomorrow. Nifty Spot added 46.35 more points to it and closed at 5680.30 with a gain of 0.75%.
Nifty Futures surged 42.15 points and settled at 5687.70. Now if Nifty breaks 5742 level, it may go further up to 5785.
For coming session the resistance for Nifty is lying in the range of 5717.50- 5742 whereas support levels are- 5665-5640.

Intraday traders can long Nifty futures above 5715 for the targets of 5740-5765-85


Posted By Commodity MCX Tips