Nifty Tips
Negating the expectations Indian markets closed in a negative note. Index of NSE shed 47.25 points and closed at 5091.90 while Nifty futures could manage to stay above 5100 market and closed at 5102 after losing 44.55 points. Market is still looking unpredictable but technically If it manages to stay above 5120 level, we can expect a positive day for NSE. While below 5081, Nifty would be in Intraday bearish trend. In broad perspective 5000 would act as major support while 5190 is major resistance for Nifty Futures.
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