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Tuesday, October 11, 2011

NSE Nifty Tips Today

NSE Nifty Tips Today 11 October:- Indian Stock Markets extended friday's gains and advanced over 2% today led by buying in IT shares, ahead of the Infosys results which will kick start the earnings season on Wednesday this week. The NSE Nifty closed at 4,979.60, up 91.55 points and the BSE Sensex ended at 16,557.23, up 324.69 points. 

NSE Nifty Support Resistance Levels:-Nifty Futures closed at 5000 up by 101.40 points or 2.07 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5070 else below support level of 4870 it would be in a downward trend.

Resistance :5070 - 5240
Support: 4870 - 4710

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