Thursday, April 12, 2012

Nifty & Bank Nifty Updates, Intraday Tips for Tomorrow

Nifty Updates Today:- Nifty showed some recovery from lower levels and traded above 5,250 level throughout the trading session. Nifty continues to trade in a range between 5,130-5,350. However, short term resistance is at 5,300-5,330. For daily purpose, Trend deciding level is 5300. If Nifty shows strength above 5,300 levels, then rally to 5,350/5,400 may be seen. If Nifty does not show strength above 5,330 levels then selling pressure till 5,240/5,190/5,150 may also be seen.

Nifty Support & Resistance Levels:-
Support- 5,252 and 5,227
Resistance- 5,296 and 5,315

Bank Nifty Updates for Friday 13 April 2012:-
Bank Nifty is looking bullish in the coming trading session. Bank Nifty is having resistance at 10,520 and 10,650 while the support is there at 10,290 and 10,040 levels.

Daily NIFTY Updates CLICK HERE Share Tips