Nifty Futures Trend For Tomorrow (9th June '11)

Nifty Futures

The Nifty futures closed at 5547.50 down by -29.70 points or -0.53 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5580 else below support level of 5508 it would be in a downward trend.

As the Market showing ups and downs in last some trading sessions, It is not a right time to make a long term position. We recommend that trade in small profit and trade in Intraday positions and if you get 30-50 points up that will be right time to put out your self from the market.

RESISTANCE: It has first resistance close to the level of 5580 & above this level the next resistance is seen near the 5630 mark.

SUPPORT: It has first support close to the level of 5508 & below this level the next support is seen near 5415 mark.

Bank Nifty Futures

Bank Nifty Futures closed at 10810 down by -70.10 points or -0.64 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10925 else below 10750 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 10925 above this level the next resistance is seen near to the level of 10990.

SUPPORT: It has first support close to the level of 10750 & below this level the next support is seen near 10620 marks.

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