Nifty Tips and Trend for Tomorrow (25th July '11)
Markets ended on an upbeat note following positive news of Greece bail out by European Union and gains in banking shares after Axis Bank reported upbeat results. The index finally ended up 92.35 points. Nifty ended at 5633.95 up 92.35 points.
Nifty Futures shut stop at 56445.55 up by 101.35 or 1.83 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5670 else below support level of 5570 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5670 & above this level the next resistance is seen near the 5790 mark.
SUPPORT: It has first support close to the level of 5570 & below this level the next support is seen near 5490 mark.
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