Nifty Forecast for Tomorrow (1st April ’11)
Benchmarks extended winning streak for eighth consecutive session and closed above psychological resistance levels of 5800 on the settlement day of March series F&O expiry. The S&P CNX Nifty closed at 5833.75, up 46.10 points or +0.80 %.
The Nifty futures closed and settled finally at 5833.75, up by 34.35 points or 0.59 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5885 else below 5770 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5885 & above this level the next resistance is seen near the 5925 mark.
SUPPORT: It has first support close to the level of 5770 & below this level the next support is seen near 5660 mark.
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