Nifty Tips and Forecast for Tomorrow (19th July '11)
by Stock Tips
Indian markets ended a lackluster session in the negative terrain as concerns of economic crisis in Europe and the US hurt sentiments. Gains in realty, metals and power stocks were offset by losses in auto, technology and healthcare space. On the domestic front, the market is likely to take cues from quarterly earnings and policy reforms. The S&P CNX Nifty closed at 5567.05, up -14.05 points or -0.25 %.
RESISTANCE: It has first resistance close to the level of 5610 & above this level the next resistance is seen near the 5670 mark.
SUPPORT: It has first support close to the level of 5545 & below this level the next support is seen near 5440 mark.
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