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Tuesday, October 18, 2011

NSE Nifty Tips Today

NSE Nifty Tips And Support Resistance Levels Today 18 October:- The markets switched into a healthy, consolidation gear post the strong gains registered last week. The Sensex clawed its way back above the psychological 17k mark, albeit after an intra-day blip, to end at 17,025, lower by 57 points and the Nifty shut shop at 5118, down 14 points. The midcap and smallcap indices also ended listlessly at 6189 and 6922 respectively. 

NSE Nifty Futures shut stop at 5122 down by -21.35 points or -0.42 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5050 else above resistance level of 5190 it would be in a downward trend.
NSE Nifty Support Resistance Levels-
Resistance: 5190- 5240
Support: 5050-4970

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