Thursday, July 14, 2011

Today’s Market Review and Trading Levels for Tomorrow

    Nifty Future manages its strong support of 5700 level and saw a strong recovery in last hour of todays session and it ended Up flat showing great resilience in last hour of trading . It is a good sign of recovery but one should take position only after proper break out. It closed today at 5,754.10 , 8.75 Point down from the previous level (-0.15%). Support for nifty future is 5700/5670 and has resistance is at 5860/5915 levels.

Nifty Spot Recommendations for 15 July 2011
 
Scrip   Previous Close     Support 1    Support 2    Resistance 1  Resistance 2
Nifty Spot 5599.80 5560 5490 5640     5710