Today the Nifty closed at the 5,544.75 with the +58.60 positive points or 1.07% in percentile. on the other hand Nifty futures and options closed at 5,580.85 with the with the +99.50 positive points or 1.82%. It is looking bulish in the coming trading session if it manages to trade above the resistance level of 5625 else below support level of 5465 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5625 & above this level the next resistance is seen near the 5730 mark.
SUPPORT: It has first support close to the level of 5465 & below this level the next support is seen near 5385 mark.
Bank Nifty Levels for Monday (16/05/11)
RESISTANCE: It has first resistance close to the level of 11240 above this level the next resistance is seen near to the level of 11726.
SUPPORT: It has first support close to the level of 10780 & below this level the next support is seen near 10690 marks.
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