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Nifty Prediction and Levels for Monday 18th July 2011

Discussion in 'Stock Market News & Analysis' started by rohans305, Jul 15, 2011.

  1. rohans305

    rohans305 Member

    May 4, 2011
    Likes Received:
    The Nifty lost 1.4% during the week. S&P CNX Nifty pack, 17 scrips advanced while 32 scrips declined. S&P CNX Nifty today opened at 5603 and made high of 5632 in the initial half hour but was not able to sustain and slide 69 points from its days high making low of 5563. Markets were trading in the red, albeit off the day's low. The Nifty after moving in the green in the early session, slipped into the red on weakness in auto and metal stocks. The S&P CNX Nifty is at 5,581.10 - down 18.70 points.
    The Nifty futures closed and settled finally at 5591.25 down by 9 points or -0.16 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5670 else above resistance level of 5670 it would be in an upward trend.
    Resistance and Support Levels for Monday:-
    It has resistance close to the level of. ....Get Levels from Nifty Prediction
    Courtesy:- http://stock-intraday-tips.blogspot.com/

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