Nifty|Bank Nifty Technical Outlook:Tips, Trend Range( Wednesday, 3 August)-
The pre-starting session of market NSE BSE has started with the soft start today.Currently markets open in the red due to weak global cues. The Sensex opens at 17,928, down 181 points and the Nifty opens at 5,396, down 60 points. All the sectoral indices are trading on a negative note. Nifty has given a weak closing at 5456.5 If staying below 5497.2 , it may test 5442.5 and even 5408.5 however staying above 5497.2 it may go to 5522.2.
NSE Gainers of previous trading day were: Reliance Industries, Cipla, NTPC, ONGC, Kotak Mahindra.
NSE Gainers of previous trading day were: Reliance Industries, Cipla, NTPC, ONGC, Kotak Mahindra.
Nifty (Spot) Intraday closing was at 5456 and it is predicted that it will be in down trend today.
Resistance : Its first resistance level is at 5506 and above this level it could test the resistance level near the 5565 points.
Support : Its first support level is at 5445 and below this level it could have support level near 5385 points.
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