NIFTY UPDATES || INTRADAY SHARE MARKET TREND TOMORROW 16 May

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The BSE Sensex and NSE Nifty snapped five-day losing streak on Tuesday, gaining 0.7% each on the back of stabilisation in European markets and Indian rupee. Index heavyweights L&T, ICICI Bank, Infosys and State Bank of India led the upmove. After falling 700 points or 4% in previous five sessions, the BSE benchmark rose 112.41 points or 0.69%, to close at 16,328.25. The NSE benchmark went up 0.71% or 35 points to 4,942.80.

NIFTY SUPPORT AND RESISTANCE LEVELS FOR TOMORROW 16 May

Pivot Level = 4918 Support1 = 4881 Resistance1 = 4975 Support2 = 4823 Resistance2 = 5011 Support3 = 4787 Resistance3 = 5069

BANK NIFTY LEVELS FOR TOMORROW 16 May

Pivot Level = 9231 Support1 = 9142 Resistance1 = 9362 Support2 = 9011 Resistance2 = 9451 Support3 = 8922 Resistance3 = 9582

COMMODITY LEVELS FOR 16 MAY