Monday, July 18, 2011

Nifty Intraday Tips: trend for 19 July 2011

A moderate sell off was seen by Indian markets today due to weak global cues. It was a choppy session for Nifty and make ended the second consecutive day with consolidation mode and The S&P CNX Nifty closed at 5567.05 and dragged -14.05 points or -0.25 %.

Nifty Futures lost 17.55 points and finally settled at 5569.40.
From here A slight bull trend is seen in market and If Nifty Futures trades above 5580 then it may touch 5600 mark again. And a broad bullish run can be seen above 5621 level.
Below 5555 nifty is looking bearish.


Posted By Commodity MCX Tips