On the back of a drop in food inflation number the benchmark indices closed into green. The S&P CNX NIFTY closed at 5546.45, up 64.75 points or 1.18 %. The Indian VIX which is currently at 22.57 and it was up down by 2.08 % or-0.48. It indicates that the market will continue to volatile in the short term.
Nifty Futures closed at 5549.95, up by 64.70 points or 1.18%. It is looking bullish in the coming trading session if it manages to break the resistance level of 5566 else below 5520 it would be in a bearish trend.
RESISTANCE: 5566 & 5625.
SUPPORT: 5520 & 5450.
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