Nifty Spot Levels : 30 may 11
Today market closed up +63.75 points or (1.18%) and finally settled at 5,476.10
and sensex closed up +221.46 points or (1.23%) and finally settled at 18,266.10
Nifty closed and settled finally at 5,476.10 down by +63.75 points. Indian equities continued their winning streak on Friday as investors enlarged their positions in realty, banking and metal counters.
Market will be consolidate in upcoming trading session. If it manages to trade at Support level 5435 then market would be upward trend and if breaks this level then it would go down by 40 points i.e., 5395 and if its does not sustain to this level then would decline by 50 points more .
Nifty Manages below this level 5545 then market would be downward trend and if it breaks then would go higher about 40 points that is 5500
Support : It has first support near to the levels of 5375and below this level near to 5335
Resistance : It has First seen near to 5450 and above this level near to 5495
Bank Nifty Spot Levels : 30 may 11
Bank Nifty Index Lost 10722.65. it is looking Consolidate in upcoming trading session. If it copes to Support level 10515 then market would be upward trend and if it breaks this level then would go down by 140 points that is 10375 and if its does not sustain to this level then would decline by 130 points more
If Bank Nifty manages below this level 10750 then market would be downward trend and if it breaks then would go higher upon 10900
Support : It has first support near to the levels of 10750 and below this level near to 10375
Resistance : It has First seen near to 10750 and above this level near to 10900.
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