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Wednesday, April 20, 2011

Nifty Futures Intraday Outlook For Tomorrow 21-April

The markets had a gap-up opening on the back of the positive cues from Wall Street and an enthusing start to the proceedings across Asia. The S&P CNX Nifty closed at 5851.65, up by 110.90 or 1.93 %.

The Nifty futures closed and settled finally at 5874, up by 113.70 or 1.97 %. It looking bullish in the coming trading session if it manages to trade above the resistance level of 5925 else below support level of 5765 it would be in a downward trend.

RESISTANCE: 5725 & 5925 mark.
SUPPORT: 5665 & 5700 mark. 

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