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Thursday, April 7, 2011

Nifty Futures Intraday Outlook For Tomorrow 08-April

After a surge in the markets in the afternoon session, which was sustained for some time, the markets pared gains and dipped into the red. The S&P CNX Nifty ended at 5885.70, down by -6.05 points or - 0.10 %.

The Nifty futures closed and settled finally at 5902.10, down by -8.85 points or -0.15 %. 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: 5935 & 6000.
SUPPORT: 5870 & 5770.

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