The Nifty futures closed and settled finally at 5552.20, up by 85.35 points or 1.56 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5570 else below support level of 5410 it would be in a downward trend.

RESISTANCE: 5570 & above this level the next resistance is seen near the 5630 mark.

SUPPORT: 5480 & below this level the next support is seen near 5410 mark.

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Nifty Outlook

Trend: - Consolidate
Resistance: - 5475 5540
Support: - 5410, 5340
Strategy: - Sell on highs

Bank Nifty Outlook

Trend: - Consolidate
Resistance: - 10810   11030
Support: - 10610, 10360
Strategy: - Sell on highs

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