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Wednesday, March 9, 2011

Nifty Futures Intraday Outlook For 10-March

The Nifty futures closed in the red and settled finally at 5532, down -4.25 points or -0.08 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5580 above this level it would be in a bullish trend else below 5315 it might face more selling pressure.

RESISTANCE: It has first resistance close to the level of 5580 & above this level the next resistance is seen near the 5625 mark.
SUPPORT: It has first support close to the level of 5506 & below this level the next support is seen near 5460 mark.

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