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Nifty Spot Levels : 30 may 11


Today market closed up  +63.75  points or   (1.18%) and finally settled at  5,476.10  
and  sensex closed up  +221.46  points or  (1.23%) and finally settled at 18,266.10  
  
Nifty closed and settled finally at  5,476.10  down  by  +63.75  points. Indian equities continued their winning streak on Friday as investors enlarged their positions in realty, banking and metal counters.

Market will be consolidate  in upcoming trading session. If it manages to trade at Support level 5435  then market would be upward trend and if breaks this level then it would go down by 40  points i.e., 5395  and if its does not sustain to this level then would decline  by 50  points more .
Nifty Manages below this level 5545 then market would be downward trend and if it breaks then would go higher about 40 points that is 5500

Support : It has first support near to the levels of  5375 and below this level near to   5335
Resistance : It has First seen near to 5450   and above  this level near to  5495

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