Indian equity market ended up 0.50%; Nifty up 32 pts and Sensex up 106 pts.
U.S ADP Non-farm employment change came at 38K vs. expected at 177K.
European markets were in red with DAX worst, Dow future was down 80 pts.
Indian equity market ended up marginally 0.50% for second consecutive day despite weaker global equity markets. Nifty added 32 pts to end near 5600 at 5592 while Sensex added 106 pts to settle at 18608. European markets were in red with DAX down 15 pts, CAC down 7 pts and FTSE down 11 pts. Dow future was down 80 pts as well.

Nifty Outlook
Trend: - Consolidate
Resistance: - 5625 5690
25,
Support: - 5540, 5490
Strategy: - Buy on dips

Bank Nifty OUTLOOK
Trend: - Consolidate
Resistance: - 11040, 11200
Support: - 10815, 10690
Strategy: - Buy on dips

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After rallying in green zone for last two weeks, market today faced  the selling pressure and Nifty Index ended in the red at 5891.75 down by -.31% or 18.30 points.

The Nifty futures closed and settled finally at 5910.95, down by 21.65 points or -0.36 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5975 else below 5870 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5975 & above this level the next resistance is seen near the 6075 mark.

SUPPORT: It has first support close to the level of 5870 & below this level the next support is seen near 5770 mark.

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Nifty Tips for tomorrow
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