Nifty Tips for Tomorrow (8th April ’11)
After a surge in the markets in the afternoon session, which was sustained for some time, the markets pared gains and dipped into the red. The S&P CNX Nifty ended at 5885.70, down by -6.05 points or - 0.10 %.
The Nifty futures closed and settled finally at 5902.10, down by -8.85 points or -0.15 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5975 else below 5870 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5935 & above this level the next resistance is seen near the 6000 mark.
SUPPORT: It has first support close to the level of 5870 & below this level the next support is seen near 5770 mark.
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