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Intraday Tips for Tomorrow- Nifty Trend for Wednesday 22nd June 2011

Discussion in 'Stock Market News & Analysis' started by rohans305, Jun 21, 2011.

  1. rohans305

    rohans305 Member

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    Today Indian stock markets was too much volatile, as European markets traded strong. As a result of this markets are still bearish and was down below 5250 which can make nifty touching its support to 4850. The S&P CNX Nifty was finally settled at 5275.85, which was up by 17.95 points or 0.34 %. The FTSE index was up by 33 points, CAC index by 34 points and DAX index by 38 points.
    Nifty Trend for Tomorrow
    On the other hand, Nifty Futures finally manages to settle and close at 5276, which was up by near about 17% or 0.31%. Nifty is still looking bearish in next trading session if it manages to trade below the support level of 5170 or above the resistance level of 5375 it would be in upward trend.
    Support & Resistance Level for Wednesday:-
    It has resistance close to the level of....read more related posts from Intraday Tips for Tomorrow
    Courtesy:- http://stock-intraday-tips.blogspot.com/
     
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