Nifty was on bear trend last day and closed at 5537.
The Nifty futures closed and settled finally at 5536, down by -32.70 or -0.59 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5510 else above resistance level of 5595 it would be in an upward trend.
NIFTY is taking support near 5500 but global markets have started to fall, so watch Asian markets in the morning for an early clue of Thursday trade.
Many good stocks are available at cheaper rates and ONGC, SBI , TATA STEEL look good for quick gains.
RESISTANCE: It has first resistance close to the level of 5595 & above this level the next resistance is seen near the 5726 mark.
SUPPORT: It has first support close to the level of 5510 & below this level the next support is seen near 5415 mark.
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