Market had a volatile trading session, the NSE 50-Share indices which had soared by more than 150 points in the aftermath of the PM’s speech, surrendered more than 100 points. The S&P CNX Nifty close at 5333.35, up by 29.70 points or 0.56 %.
The NSE futures closed at 5338, up by 24.20 points or 0.46 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5230 else above 5505 it would be in a bullish trend.
RESISTANCE: It has first resistance close to the level of 5505 & above this level the next resistance is seen near the 5590 mark.
SUPPORT: It has first support close to the level of 5230 & below this level the next support is seen near 5175 mark.