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http://niftytips.org.in - Markets had relief in the previous session after continuous bear attack since last few sessions as rupee recovery from its all time low and improved global sentiments helped our indices. Nifty future found strong support around 5300 and showed a strong pull back towards the immediate resistance of 5400. It is expected to be range bound in near term where 5500 is seen as major resistance and 5200 as important support.
http://niftytips.org.in - Markets tumbled and bloodbath was seen for the whole session and washed off the three day gains as rupee breached 66 per dollar mark and indices surpassed their support levels. Nifty future showed downtrend from the beginning of the session and dragged towards the important support of 5250. Now, crucial level seen is 5200 surpassing which bears may further drag towards the deeper supports. Any correction will find resistance in the range of 5350-5400.
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http://niftytips.org.in - Markets opened on a strong note after the strong reversal pattern of the previous session on daily charts as it was supported by the rebound movement of rupee. Nifty future after surpassing the resistance mark of 5340 sustained on higher side and ended expiry series on a satisfactory note. If it is able to maintain on higher side then 5465 is seen as the immediate resistance while 5340 will act as important support for intraday
http://niftytips.org.in -
CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 66.7500 66.1000 65.6000 67.5000 67.9000 68.4000
EURINR 88.5800 88.0000 87.4000 89.6000 90.1000 90.7500
GBPINR 103.5000 102.9000 102.4000 104.7000 105.2000 105.7000
JPYINR 67.9500 67.5000 67.0000 68.8000 69.2000 69.8000
JPYINR on daily charts is showing correction and is expected to continue in the coming session where strong support level is seen around 67.6000.
