Nifty Tips and Trend for Tomorrow (30th June '11)
Strong cues from Asian markets and sustained buying by foreign investors, helped the markets to trade in green. After a firm opening, the Nifty touched a high of 5608.6 and closed at 5608- up 58.95 points.
The Nifty futures closed and settled finally at 5604.10 up by 55.08 points or 0.99 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5625 else below support level of 5490 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5625 & above this level the next resistance is seen near the 5726 mark.
SUPPORT: It has first support close to the level of 5564 & below this level the next support is seen near 5440 mark.
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