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Thursday, March 31, 2011

Nifty Futures Intraday Outlook For 01-April

Benchmarks extended winning streak for eighth consecutive session and closed above psychological resistance levels of 5800 on the settlement day of March series F&O expiry. The S&P CNX Nifty closed at 5833.75, up 46.10 points or +0.80 %.

The Nifty futures closed and settled finally at 5833.75, up by 34.35 points or 0.59 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5885 else below 5770 it would be in a downward trend.

RESISTANCE: 5885 & 5925.

SUPPORT: 5770 & 5660.

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