Nifty Tips and Trend for Tomorrow (14th June '11)
The benchmark indices ended around the previous week's levels, but not before undergoing some jitters in the course of the day. The S&P CNX Nifty touched a low of 5,436.95 in the afternoon session and recovered fully to close at 5,482.80, down -3.00 points.
The Nifty futures closed and settled finally at 5501.90 up by 17.75 points or 0.32 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5410 else above resistance level of 5520 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5520 & above this level the next resistance is seen near the 5630 mark.
SUPPORT: It has first support close to the level of 5410 & below this level the next support is seen near 5310 mark.
Posts
