The Nifty futures closed at 5283.25 up by 5.40 points or 0.10% up. It is looking bearish in the coming trading session if it manages to trade below the support level of 5260 else above resistance level of 5330 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5330 & above this level the next resistance is seen near the 5380 mark.
SUPPORT: It has first support close to the level of 5260 & below this level the next support is seen near 5175 mark.
Nifty Futures
Sell Nifty Futures below 5265,
Target: 5247-5230, Stoploss: 5285.
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