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Intraday Calls for Next Week (Nifty Views Monday, 9 May 2011)

Discussion in 'Stock Market News & Analysis' started by rohans305, May 7, 2011.

  1. rohans305

    rohans305 Member

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    The NSE benchmark S&P CNX Nifty snapped its nine-session losing streak by gaining 91.60 points in early trade on Friday on renewed buying on easing of macroeconomic worries in view of a sharp fall in crude oil prices.
    The Nifty futures closed and settled finally at 5555, down by 96.60 or -1.77 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5595 else below support level of 5415 it would be in a downward trend.
    It has resistance close to the level of 5595 & above this level the next resistance near the 5730 mark. It has support close to the level of....read more
     
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