With a positive opening this morning, the bourses kept up the momentum, and traded firm through the day until late afternoon, shrugging off Asian power-house Nikkei's near-2% drop in value today. The S&P CNX Nifty closed at 5480.25, up 66.40 points or +1.23%.
The Nifty futures closed flat and settled finally at 5503.10, up by 68.95 points or 1.27 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5530 else below 5415 it would be in a downward trend.
RESISTANCE: 5530 & 5575.
SUPPORT: 5410 & 5350.
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