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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 RESISTANCE: First resistance close to the level of 5530 & above this level the  5575.
SUPPORT: First support close to the level of 5410 & below this level the  5350

 

With a positive opening this morning, the bourses kept up the momentum, and traded firm through the day until late afternoon, shrugging off Asian power-house Nikkei's near-2% drop in value today. The S&P CNX Nifty closed at 5480.25, up 66.40 points or +1.23%.

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