|
|
Rohan
|
| 05 May 2011, 19:36:32 |
|
Subscribe for Share Tips Free Trial
Markets were choppy for the most part of the day as investors stayed to the sidelines due to lack of direction, but heavy selling during the afternoon trades front liners- ICICI Bank, ITC, HDFC Bank and Bharti Airtel dragged the NSE benchmark index S&P CNX Nifty, down -77.30 points or -1.40 % at 5458.40.
The Nifty futures closed and settled finally at 5458.40, down by -79.65 or -1.44 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5440 else above resistance level of 5595 it would be in an upward trend.
It has resistance close to the level of 5595 & above this level the next resistance near the 5730 mark. It has support close to the level of....read more |
