Nifty Futures Intraday Outlook For Tomorrow 31-May

The Indian markets started the week with a bang where the key benchmark indices opened at their highest levels in more than a week on the back of positive Asian cues. Finally the S&P CNX NIFTY settled in the red, closing down -3 points at 5473.10 which is down 53 points from the day's high.

The Nifty futures closed and settled finally at 5467, up by 0.65 points or 0.01 %. It is looking bearish in the coming trading session if it manages to trade support level of 5410 else above resistance level of 5540 it would be in an upward trend.

RESISTANCE: 5540 & 5630 mark.
SUPPORT: 5410 & 5320 mark

Bank Nifty Intraday Trend For Tomorrow 31-May

In banking, CNX Bank Index gained 58.80 points or 0.55 %. Amongst the banking stocks Karnataka Bank, Union Bank of India and Central Bank of India lead the row.

Bank Nifty Futures shut stop at 10702 up by 63.45 points or 0.60 %. It is looking bearish in the coming trading session if it manages to trade support level of 10620 else above resistance level of 10750 it would be in an upward trend.

RESISTANCE: 10750 & 10980.
SUPPORT: 10620 & 10430.

Nifty Futures Trend For Monday 30-May

The S&P CNX Nifty added 63 points or 1.18 % to close at 5476.10. The Nifty futures closed and settled finally at 5472, up by 81.35 points or 1.51 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5490 else below support level of 5415 it would be in a downward trend.

RESISTANCE: 5490 & 5530 mark. 

SUPPORT: 5415 & 5310 mark.

Bank Nifty Intraday Outlook For Monday 30-May

Today (27 may, 11') CNX Bank Index gained 254.35 points or 2.43 %. Amongst the banking stocks Allahabad Bank, Vijaya Bank and Central Bank of India lead the row.

Bank Nifty Futures closed at 10638.55 with the gain of 254.80 points or 2.45 %. It is looking bullish for the coming trading sessions if it manages to trade above the resistance level of 10682 else below support level of 10430 it would be in a downward trend.

RESISTANCE: 10682 & 10750.

SUPPORT: 10430 & 10330 marks

Nifty Futures Intraday Outlook for Monday 23-May

The Nifty index opened in the green, tracking positive Asian peers and crept higher led by gains in front line stocks Larsen & Tourbo, HDFC, ICICI Bank and HDFC Bank. The S&P CNX Nifty ended at 5486.35, up 58.25 points or 1.07 %.

The Nifty futures closed and settled finally at 5484.60, up by 59.80 points or 1.10 %. It is looking bullish in the coming trading session if it manages to trade below the support level of 5385 else above resistance level of 5540 it would be in an upward trend.

RESISTANCE: 5540 & 5625 mark.
SUPPORT: 5385 & 5310 mark.

Bank Nifty Futures Outlook For Monday 23-May

CNX Bank Index gained 105.75 points or 1 %. Amongst the banking stocks Lakshmi Vilas Bank, UCO Bank and Bank of India lead the row.

Bank Nifty Futures shut stop at 10666.25 up by 120.65 points or 1.14 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10745 else below support level of 10510 it would be in a downward trend.

RESISTANCE: 10745 & 10980.
SUPPORT: 10510 & 10370 marks.

Nifty Futures Intraday Tips For Tomorrow 20-May

Markets edged higher in the afternoon session and ended the day on a positive note after engineering conglomerate L&T (Larsen & Tourbo) reported 17% rise in the fourth quarter profit. The S&P CNX Nifty ended at 5,428.10, up 7.50 points or 0.14 %.
The Nifty futures closed and settled finally at 5424.80, up by 0.75 points or 0.01 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5385 else above resistance level of 5465 it would be in an upward trend.

RESISTANCE: 5465 & 5540 mark.
SUPPORT: 5385 & 5310 mark.

Bank Nifty Futures Intraday Tips For Tomorrow 20-May

In banking, CNX Bank Index lost -40.70 points or -0.38 %. Amongst the banking stocks State Bank of Travancore, Dena Bank and Allahabad Bank lead the row.

Bank Nifty Futures shut stop at 10545.60 down by -52 points or -0.49 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 10510 else above resistance level of 10685 it would be in an upward trend.

RESISTANCE: 10685 @ 10940.
SUPPORT: 10510 & 10370 marks.

Nifty Futures Intraday Tips For Tomorrow 19-May

The markets closed in the red for the third consecutive day of the week as heavyweights RIL, SBI and ONGC witnessed selling pressure through the day. The S&P CNX Nifty closed the day down -18.35 points or -18.35 % at 5420.60.

The Nifty futures closed and settled finally at 5424.05, down by -23.35 or -0.43 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5380 else above resistance level of 5465 it would be in an upward trend.

RESISTANCE: 5465 & 5540 mark.
SUPPORT: 5380 & 5310 mark.

Bank Nifty Futures Intraday Tips For Tomorrow 19-May

CNX Bank Index lost -243.50 points or -2.23 %. Amongst the banking stocks Canara Bank, Dena Bank and State Bank of India lead the row.

Bank Nifty Futures shut stop at 10661.05 down by -210.25 points or -1.93 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10520 else above resistance level of 10685 it would be in an upward trend.

RESISTANCE: 10685 & 10980.
SUPPORT: 10520 & 10370 marks.

Nifty Futures Intraday Outlook For Tomorrow 18-May

Nifty extended losses to more than 1 percent on Tuesday afternoon after the country's top lender, State Bank of India, reported an unexpected sharp plunge in quarterly net profit. The markets continue to trade in the negative with S&P CNX Nifty down -60.05 points or -1.09 % at 5438.95.

The Nifty futures closed and settled finally at 5447.40, down by -41.30 or -0.75 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5410 else above resistance level of 5540 it would be in an upward trend.

RESISTANCE: 5540 & 5625 mark.
SUPPORT: 5410 & 5310 mark.

Bank Nifty Futures Outlook For Tomorrow 18-May

In banking, CNX Bank Index lost -243.50 points or -2.23 %. Amongst the banking stocks State Bank of India, Bank of Baroda and Vijaya Bank lead the row.

Bank Nifty Futures shut stop at 10661.05 down by -210.25 points or -1.93 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10585 else above resistance level of 10940 it would be in an upward trend.

RESISTANCE: 10940 @ 11240.
SUPPORT: 10585 & 10370 marks.

Nifty Futures Intraday Views For Monday 16-May

The Nifty futures closed and settled finally at 5486.60, down by -78.05 or -1.40 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5440 above the resistance level of 5580 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5580 & above this level the next resistance is seen near the 5730 mark.
SUPPORT: It has first support close to the level of 5440 & below this level the next support is seen near 5350 mark.

Bank Nifty Intraday Outlook For Monday 16-May

CNX Bank Index lost -171.60 points or -1.55 % on yesterday's trading session. Allahabad Bank, ING Vysya Bank and yes bank were the top gainers in Bank Shares.

Bank Nifty yesterday closed at 10875.30 down by 164.25 points or -1.55 %. It is still seems to be bearish in near term if it is able to sustain below the support level of 10780.

Above resistance level of 11120 it might catch the rally.

RESISTANCE: 11120 & 11240.
SUPPORT: 10780 & 10690 marks

Nifty Futures Trend and Intraday Tips For Tomorrow 13-May

The S&P CNX Nifty closed down -78.90 points or -1.40 % at 5586.15. The Nifty went red due to fall in Sterlite Industries, Hindalco, Sesa Goa, HDFC Bank, Power Grid Corp. etc.

The Nifty futures closed and settled finally at 5486.60, down by -78.05 or -1.40 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5440 above the resistance level of 5580 it would be in an upward trend.

RESISTANCE: 5580 & 5730 mark.
SUPPORT: 5440 & 5350 mark.

Bank Nifty Futures Intraday Outlook For Tomorrow 13-May

CNX Bank Index lost -171.60 points ( -1.55 %) . Amongst the banking stocks Allahabad Bank, Yes Bank and ING Vysya Bank lead the row. HDFC, ICICI Bank, SBI, HDFC Bank shares Caused the Bank Nifty to batter down.

Bank Nifty Futures shut stop at 10875.30 down by 164.25 points or -1.55 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10780 else above resistance level of 11120 it would be in an upward trend.

RESISTANCE: 11120 & of 11240.
SUPPORT: 10780 & 10690 marks.

Nifty Futures Intraday Views For Tomorrow 12-May

The markets closed marginally higher on the third consecutive day of lackluster trades where the markets were mainly moving sideways. The S&P CNX Nifty closed up 23.80 points or 0.43 % at 5565.05.

The Nifty futures closed and settled finally at 5562.80, down by 17 or 0.31 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5605 else below support level of 5510 it would be in a downward trend.

RESISTANCE: 5605 & 5730 mark.
SUPPORT: 5500 & 5440 mark.

Bank Nifty Intraday Outlook For Tomorrow 12-May

CNX Bank Index today gained 49.65 points (+ 0.45 %) . Amongst the banking stocks ING Vysya, South India and Yes Bank were the top gainers.

Bank Nifty Futures closed at 11039.55 down 17.85 points or 0.16 % It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11120 else below support level of 10900 it would be in a downward trend.

RESISTANCE: 11120 & 11240.
SUPPORT: 11900 & 10780 marks.

Nifty Futres Intraday Outlook For Tomorrow 11-May

The markets closed flat for the second consecutive day with bouts of volatility witnessed throughout the day. The S&P CNX Nifty closed down -9.85 points at 5541.25, down 51 points from the day’s high.

The Nifty futures closed and settled finally at 5545.80, down by 12.85 or -0.23 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5500 else above resistance level of 5595 it would be in an upward trend.

RESISTANCE: 5605 & 5730 mark.
SUPPORT: 5500 & 5440 mark.

Bank Nifty Futures Intraday Outlook For Tomorrow 11-May

In banking, CNX Bank Index lost -67.10 points or -0.61 %. Amongst the banking stocks Kotak Mahindra Bank, HDFC Bank and Canara Bank lead the row.

Bank Nifty Futures shut stop at 11021.70 down by -61.80 % points or -0.56 % It is looking bearish in the coming trading session if it manages to trade below the support level of 11950 else above resistance level of 11240 it would be in a upward trend.

RESISTANCE: 11240 & 11730.
SUPPORT: 10950 & 10690 marks

Nifty Futures Intraday Outlook For Tomorrow 10-May

The markets ended on a flat note today, after gyrating between zones during intra-day trades. The S&P CNX Nifty was down -0.35 points at 5551.10, after having recovered 48 points from the day's low of 5502.40. The international cues were not encouraging either.

The Nifty futures closed and settled finally at 5558.65, up by 3.65 or 0.07 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5500 else above resistance level of 5595 it would be in an upward trend.

RESISTANCE: 5595 & 5730 mark.
SUPPORT: 5500 & 5350 mark.

Bank Nifty Intraday Outlook For Tomorrow 10-May

In banking, CNX Bank Index lost -68.60 points or -0.62 %. Amongst the banking stocks Oriental Bank of Commerce, Vijaya Bank and Bank of India lead the row.

Bank Nifty Futures shut stop at 11083.50 down by -60.40 % points or -0.54 % It is looking bearish in the coming trading session if it manages to trade below the support level of 11950 else above resistance level of 11240 it would be in a upward trend.

RESISTANCE: 11240 & 11730.
SUPPORT: 11950 & 10690 marks.

Nifty Futures Intraady outlook For Tomorrow 04-May

The markets had a disastrous session of trade as the banking regulator's move to hike the interest rates by 50 basis points, led to a trail of selling in the rate-sensitive space. The NSE benchmark index S&P CNX Nifty, down -136.05 points or -2.39 % at 5565.25.

The Nifty futures closed and settled finally at 5562.25, down by -163.15 or -2.85 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5510 else above resistance level of 5726 it would be in an upward trend.

  RESISTANCE: 5726 & 5790 mark.
  SUPPORT: 5510 & 5415 mark. 

Bank Nifty Intraday Outlook For Tomorrow 04-May

In banking, CNX Bank Index lost -345.50 points or -3.07 %. Amongst the banking stocks Bank of India, Union Bank of India and Indian Overseas Bank lead the row.

Bank Nifty Futures shut stop at 10918.85 down by -365.15 points or -3.24 % It is looking bearish in the coming trading session if it manages to trade below the support level of 10860 else above resistance level of 11380 it would be in a upward trend.

RESISTANCE: 11380 & 11590.
SUPPORT: 10860 & 10690 marks.

Nifty Futures For Tomorrow 03-May 2011

The NSE benchmark index S&P CNX Nifty, down -48.20 points or -0.84 % at 5704.30, on the first trading day of the week on the back of selling pressure witnessed in the banking and consumer durables space.

The Nifty futures closed and settled finally at 5725.40, down by 28.40 or -0.49 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5660 else above resistance level of 5790 it would be in an upward trend.

  RESISTANCE: 5790 & 5950 mark.
  SUPPORT: 5660 & 5570 mark. 

bank Nifty Intraday Levels For Tomorrow 03-May

In banking, CNX Bank Index lost -239.95 points or -2.09 %. Amongst the banking stocks Bank of India, Vijaya Bank and United Bank of India lead the row. 

Bank Nifty Futures shut stop at 11284 down by -227.75 points or -1.98 % It is looking bearish in the coming trading session if it manages to trade below the support level of 11225 else above resistance level of 11590 it would be in a upward trend.

RESISTANCE: 11590 & 11775.
SUPPORT: 11225 & 11150 marks.