Nifty Tips for Tomorrow (27th April ’11)
by Web Rocks
Shrugging off the losses incurred in the early morning trades, the NSE benchmark index S&P CNX Nifty, down -6.10 points or -0.10 % at 5868.40.
The Nifty futures closed and settled finally at 5905, down by -5.40 or -0.09 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5950 else below support level of 5765 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5950 & above this level the next resistance is seen near the 6000 mark.
SUPPORT: It has first support close to the level of 5765 & below this level the next support is seen near 5695 mark.
The Nifty futures closed and settled finally at 5905, down by -5.40 or -0.09 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5950 else below support level of 5765 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5950 & above this level the next resistance is seen near the 6000 mark.
SUPPORT: It has first support close to the level of 5765 & below this level the next support is seen near 5695 mark.
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