Nifty Tips for Tomorrow (20th April ’11)
The benchmark indices closed flat, with a positive bias, after moving between the positive and negative terrain throughout the day. The S&P CNX Nifty closed at 5740.75, up by 11.65 or 0.20 %.
The Nifty futures closed and settled finally at 5760.30, up by 24.30 or 0.42 %. It looking bearish in the coming trading session if it manages to trade below the support level of 5695 else above resistance level of 5796 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5796 & above this level the next resistance is seen near the 5921 mark.
SUPPORT: It has first support close to the level of 5695 & below this level the next support is seen near 5660 mark.
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