Saturday, July 30, 2011

Nifty Outlook For Monday: Intraday levels (1 August 2011)

The Spot Nifty is now at 5482 – down -5.75 points or -0.10 % from its previous close.

Nifty Futures on Friday settled at 5490.55 down by -8.15 or -0.15 %.

Now some short recoveries can be seen in coming trading sessions. 5500 is still acting as a crucial level for the market as Nifty is hovering more or less around the same level. It may face its first resistance at 5509 and next resistance level is seen near 5529 for Intraday.
Suport levels are- 5472-5440.

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Posted By Commodity MCX Tips