The daily chart of Nifty suggests a
positive divergence which signifies that the short term trend has turned
positive. Resistance is seen at 5950/5980 and a close above this level
will further extend the rally up to 6050/6080 levels. The 200 DMA at
5850 will act as a strong support for Nifty.
Today’s Nifty & Bank Nifty Levels:
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 5870
SUPP 2: 5775
RES 1: 5975
RES 2: 6070
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 11590
SUPP 2: 11310
RES 1: 11770
RES 2: 11990
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NSE 50 index lead by +34.70 pts. And trade at 5969. And BSE 30 main index also lead by +180 Pts. And trade at 19856. Today in NSE index IT sector stock up with 6% in every share.
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