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Rohan
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| 01 July 2011, 21:43:47 |
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As from the previous rally, the NSE benchmark Nifty was down by near about 20 points. Nifty managed to hold its level of 5600, below today’s low of 5610 some selling pressure is expected which could drag Nifty to the levels of 5500. The S&P CNX Nifty ended at 5627.20 which was down by 20.20 points or 0.36%.
The Nifty futures shut stop at 5632.85 which was down by -22.55 points or 0.40 %. It is once again looking bullish in the coming trading session if it would be able to manage to trade above the resistance level of 5726 or below the support level of 5600 then it would be in a downward trend.
Resistance and Support Levels for Next Week (Monday):-
It has resistance close to the level of....read full post more related Tips from Intraday Tips for Tomorrow
Courtesy:- http://stock-intraday-tips.blogspot.com/ |
