Indian stocks markets ended lower on Thursday on the back of profit booking, amid weak Asian and European cues, after three straight days of gains. Sensex closed at 18,153.99 down 48.42 points and the 50 share Nifty shed 10 points to end at 5,521.95 levels. The European markets were also trading lower. The Germany's DAX was at 6,687, down 1%, CAC was down 0.7% at 3,365 levels and FTSE shed 0.6% to 5,857 levels.
Nifty Futures shut stop at 5537.80 down by -14.75 points or -0.27 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5590 else below support level of 5500 it would be in a downward trend.
RESISTANCE: It has first resistance close to the level of 5590 & above this level the next resistance is seen near the 5710 mark.
SUPPORT: It has first support close to the level of 5500 & below this level the next support is seen near 5450 mark.