The Market was going down side till Thursday but yesterday it has changed its side and recovered from the previous bearish trend and shown result in green points. Same result held with the Nifty Futures, it closed at 56445.55 up by 101.35 or 1.83 % up. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5670 else below support level of 5570 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5670 & above this level the next resistance is seen near the 5790 mark.
SUPPORT: It has first support close to the level of 5570 & below this level the next support is seen near 5490 mark.
Nifty Futures Tips-
Larsen & Toubro Ltd. Futures
Buy Larsen & Toubro Aug Futures above 1832,
Target: 1842-1851, Stoploss: 1815.
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