Share Market For Tomorrow: 2nd Aug '11

After the long bearish trend of the last week the market is ready to move upside. It shown its signal today. Today Nifty open at the down trend and carried the bullish trend till the end of the trading session. Today Sensex closed at 18,314.33 with +117.13 up points or 0.64% positive. And the Nifty closed at 5,516.80 with +34.80 positive points or up by 0.63%.

In Nifty technically the market is in a typically sideways zone with 5430 as a strong support zone to work with and 5610 as a strong resistance zone to work with.It is looking bullish in the coming trading session if it manages to trade above the Resistance level of 5610 else below the Support level of 5430 it would be down trend.

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Nifty Trend For Tomorrow (10th June '11)

Today Sensex closed at 18,384.90 with -9.39 down points or -0.05% down. And the Nifty closed at 5,521.05 with -5.80 down points or down by -0.10%. On the other side in the Derivatives Nifty Futures: it closed with -7.85 negative points and settle at 5,522.00 down by -0.14%. So over all market was down today and may start with same manner in next trading session.

After joying the bullish trend at the start of the week now Nifty is going to downside.

In Nifty technically the market is in a typically sideways zone with 5440 as a strong support zone to work with and 5610 as a strong resistance zone to work with.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5610 else below the support level of 5440 it would be a down trend.

RESISTANCE: It has first resistance close to the level of 5610 & above this level the next resistance is seen near the 5640 mark.

SUPPORT: It has first support close to the level of 5440 & below this level the next support is seen near 5410 mark.  

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 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 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.

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.

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 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 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. 

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. 

Nifty Futures Intraday Tips and Trend For Tomorrow 20-April

The benchmark indices closed flat, with a positive bias, after moving between the positive and negative terrain throughout the day. The S&P CNX Nifty closed at 5740.75, up by 11.65 or 0.20 %.

The Nifty futures closed and settled finally at 5760.30, up by 24.30 or 0.42 %. It looking bearish in the coming trading session if it manages to trade below the support level of 5695 else above resistance level of 5796 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5796 & above this level the next resistance is seen near the 5921 mark.

SUPPORT: It has first support close to the level of 5695 & below this level the next support is seen near 5660 mark.

Nifty Futures Trend For Tomorrow 07-April

Markets succumbed to selling pressure after the sharp rally seen in the past two weeks as investors cashed out of banking shares on concerns that higher oil prices will fuel inflation. The markets end in the red, the S&P CNX Nifty ended at 5891.75, down by 18.30 points or - 0.31 %.

The Nifty futures closed and settled finally at 5910.95, down by 21.65 points or -0.36 %. 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: 5975 & 6075.
SUPPORT: 5870 & 5770. 

Bank Nifty Intraday Tips and Trend For 06-April 11

In banking, CNX Bank Index lost -5.40 points or -0.05 %. Amongst the banking stocks Vijaya Bank, Uco Bank and Syndicate Bank lead the row.

Bank Nifty Futures shut stop at 11845.10 up by +39.85 points or +0.34 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11956 else below 11684 it would be in a downward trend.

RESISTANCE: 11956 & 12050.
SUPPORT: 11728 & 11580 marks.

Nifty Futures Intraday trend For Monday 04-April

The markets took a pause after an interrupted run in the last eight trading sessions. The S&P CNX Nifty closed at 5826.05, down -7.7 points or -0.13 %.

The Nifty futures closed and settled finally at 5865, up by 6.30 points or 0.11 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5885 else below 5770 it would be in a downward trend.

RESISTANCE: 5885 & 5925.
SUPPORT: 5770 & 5660.

Nifty Futures Intraday Outlook For 01-April

Benchmarks extended winning streak for eighth consecutive session and closed above psychological resistance levels of 5800 on the settlement day of March series F&O expiry. The S&P CNX Nifty closed at 5833.75, up 46.10 points or +0.80 %.

The Nifty futures closed and settled finally at 5833.75, up by 34.35 points or 0.59 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5885 else below 5770 it would be in a downward trend.

RESISTANCE: 5885 & 5925.

SUPPORT: 5770 & 5660.

Intraday Bank Nifty Futures Trend For Tomorrow 29-March

In banking, CNX Bank Index gained 136.10 points or 1.20 %. Amongst the banking stocks IDBI, Dhanlaxmi Bank and dena bank lead the row.

Bank Nifty Futures shut stop at 11430 up 306.25 points or 2.75 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11642 else below 11336 it would be in a downward trend.

RESISTANCE: 11642 & 11960.

SUPPORT: 11336 & 11150.

Nifty Futures Trend For Tomorrow 22-March

The markets opened in the green this morning, taking positive cues from the global markets, they slipped into the red. The S&P CNX Nifty closed at 5364.75, down -8.95 points or -0.17 %.

The Nifty futures closed flat and settled finally at 5387.10, up by 0.25 points or -0.00 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 5310 else above 5425 it might be in an upward trend

RESISTANCE: 5425 & 5505.
SUPPORT: 5310 & 5230. 

Nifty Futures Trend For Monday 21-March 2011

The Indian markets ended in negative territory. The S&P CNX Nifty closed at 5375.70, down -72.95 points or -1.46 %.

The Nifty futures closed in red and settled finally at 5386.85, down -79.80 points or -1.46 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 5375 below this level it would be in a bearish trend else above 5530 it might be in an upward trend

RESISTANCE: 5530 & 5625.
SUPPORT: 5375 & 5310.

Nifty Futures Trend For 17-March 2011

The Indian markets ended in the positive territory, a pullback rally made nifty to close above the psychological level of 5500.The S&P CNX Nifty closed at 5511.15, up 61.50 points or 1.13 %.

The Nifty futures closed in red and settled finally at 5529.15, up 81.55 points or 1.50 %.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5575 above this level it would be in a bullish trend else below 5475 it might be in a downward trend.

RESISTANCE: 5575 & 5625.

SUPPORT: 5475 & 5375.

Bank Nifty Intraday levels For 16-March

In banking, CNX Bank Index lost 167.45 points or -1.54 %. Amongst the banking stocks ICICI Bank, Kotak Mahindra Bank and VIjaya Bank turned into red.

Bank Nifty Futures shut stop at 10740.65 down 207.60 points or -1.90 %.It is looking bearish in the coming trading session if it manages to trade below the support level of 10610 else above 10850 it might be in an bullish trend.

RESISTANCE: 10805 & 10975.
SUPPORT: 10610 & 10520.