Support and Resistance levels for Nifty Futures & Options for tomorrow (07/03/11)|Nifty Futures Tips: "- Sent using Google Toolbar"

The Good Time is continue. Today Nifty having the bullish trend and goes up to 5608.20. At last nifty closed at 5538.75 up 2.55 points or 0.05% positive from the previous closed and sensex closed at 18486.45 down 3.31 points or -0.02% Nagetive. Hole day the market go up down. intraday nifty high at 5608.20 and sensex high at 18736.97 points and day nifty low at 5524.10 and sensex low at 18448.69 points.

F & O Nifty closed at 5547.75 up 3.05 points or 0.06% from the previous close. Intraday high 5611.70 and day low 5517.65

Important level for nifty future and Option market.

RESISTANCE : Resistance levels are-

R1 5645 points

R2 5715 points.

SUPPORT : Support levels are-

S1 5465 points.

S2 5370 points.

A good time for all traders who trade in nifty futures, today the NSE futures closed at 5545.70, up by 0.85 points or 0.02 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5600 above this level it would be in a bullish trend else below 5375 it might face more selling pressure.

RESISTANCE: It has first resistance close to the level of 5610 & above this level the next resistance is seen near the 5710 mark.
SUPPORT: It has first support close to the level of 5370 & below this level the next support is seen near 5325 mark.

Bajaj Finserv Ltd

Today's value- 530.25 +88.40 (20.0%)

Details Technicals for 04-03-2011

Open 451.20                 Resistance 3 635.65

Last close 441.85          Resistance 2 582.95

Today's high 530.25      Resistance 1 556.6

Today's low 451.20 PP (Pivot Point) 503.9

Volume 2,241,122          Support 1  477.55

52-Week high 564.80     Support 2  424.85

52-Week low 300.00      Support 3  398.5



Vindhya Telelinks Ltd

Today's value- 242.70 +40.45 (20%)
Details Technicals for 04-03-2011

Open 221.95               Resistance 3 279.5

Last close 202.25        Resistance 2 261.1

Today's high 242.70    Resistance 1 251.8

Today's low 215.00 PP (Pivot Point) 233.4

Volume 15,902            Support 1 224.1

52-Week high 478.05   Support 2 205.7

52-Week low 165.15    Support 3 196.4




Comp-U-Learn Tech India Ltd
 Today's value- 16.05 +2.67 (19.9%)

Details Technicals for 04-03-2011

Open 13.30              Resistance 3 20.11

Last close 13.38       Resistance 2 18.08

Today's high 16.05   Resistance 1 17.06

Today's low 13.00 PP (Pivot Point) 15.03

Volume 456,289         Support 1 14.01

52-Week high 23.75    Support 2 11.98

52-Week low 9.40      Support 3 10.96

Positive effect of Union budget 2011, today the indices rising as much as 3.5% each. Nifty ended at 5,532.50, up 199.25 points and Sensex closed at 18,446.50, higher by 623.10 points from the previous close.
BSE stock Glenmark Pharma gain 14.10% , Ashok leyland closed 11.46% up. TVS Motor Co.Ltd. Closed with 11.03% up.

F & O Nifty closed at 5554.95 higher by 216.95 points or 4.06% from the previous close.

Resistance : If first resistance tuch to the level of 5595 and above this level resistance near the 5700 points.
Support : If first support tuch to the level of 5365 and below this level support the 5305 points.

Nifty was on bear trend today and closed at 5437.
Today the first     resistance for nifty is at 5440-42 level.
Next                    resistance for nifty is at 5460-63 level.
On downside first support for nifty is at 5379-76 level.
Next                    support for nifty is at 5337-34 level.