Nifty Spot Levels : 31 may 11
Today market closed down -3.00 points or (-0.05%) and finally settled at 5,473.10 and sensex closed down -34.04 points or (-0.05%) and finally settled at 18,232.06
Nifty closed and settled finally at 5,473.10 down by -3.00 points. Indian equity benchmarks closed flat with a negative bias on Monday. It was a completely directionless trade for the market amid low volume. However, the broader indices outperformed benchmarks.
Market will be consolidate in upcoming trading session. If it manages to trade at Support level 5440 then market would be upward trend and if breaks this level then it would go down by 55 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 5500 then market would be downward trend and if it breaks then would go higher about 40 points that is 5540
Support : It has first support near to the levels of 5440and below this level near to 5395
Resistance : It has First seen near to 5500and above this level near to 5540
Bank Nifty Futures Levels : 31 may 11
Bank Nifty Index Lost 10702 . It is looking Consolidate in upcoming trading session. If it copes to Support level 10610 then market would be upward trend and if it breaks this level then would go down by 105 points that is 10505 and if its does not sustain to this level then would decline by 110 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.
