Markets end lower on F&O expiry day. Benchmark share indices ended lower, amid a volatile trading session on Thursday, following the expiry of February futures and options series.

The markets traded in a narrow range in early trades but turned volatile later. The Sensex ended at 18,078, down 67 points and the 50-share Nifty ended lower 22 by points at 5,483 levels. On the sectoral front, realty, metal and auto stocks were amongst the worst hit in trades today.

Nifty Futures shut stop at 5483.30 down by -34.80 points or -0.63%. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5640 else below support level of 5470 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5640 & above this level the next resistance is seen near the 5700 mark.

SUPPORT: It has first support close to the level of 5460 & below this level the next support is seen near 5390 mark.

Bank Nifty Futures closed at 9805 down by -36.65 points (0.36 %). On daily charts it is looking bearish in the coming trading session. If Bank Nifty Index manages to trade below the support level of 9460 else above resistance level of 5750 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 9750 above this level the next resistance is seen near to the level of 9950.
SUPPORT: It has first support close to the level of 9460 & below this level the next support is seen near 9250 marks.

Markets ended flat as investors turned cautious ahead of the third quarter earnings which are expected to remain muted and November industrial production data. The markets traded in a narrow range for most part of the trading session. The NSE benchmark index- Sensex ended at 16,175.86, higher by 10.77 points and the 50 share Nifty ended at 4,860.95, up 11.40 points.

Nifty Futures shut stop at 4873.40 up by 3.10 points or 0.06 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 4900 else below support level of 4770 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 4900 & above this level the next resistance is seen near the 4950 mark.

SUPPORT: It has first support close to the level of 4770 & below this level the next support is seen near 4680 mark.

Markets gave up all of Tuesday’s gains and dropped in late noon trades. Markets had gained yesterday after eight straight days of losses. However, today the Nifty touched its lowest in two years at 4640.95 in afternoon trades. The index managed to recover marginally to end finally at 4706.45 – down 105.90 points or -2.20 %.

Nifty Futures shut stop at 4703.80 up by 101.50 points or -2.11 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 4580 else above resistance level of 4780 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 4780 & above this level the next resistance is seen near the 4880 mark.

SUPPORT: It has first support close to the level of 4580 & below this level the next support is seen near 4530 mark.

The NSE NIFTY provisionally ended 171.80 points higher at 4954.90 led by gains in Reliance Industries Ltd (up 5.07%), Infosys (up 3.8%) and L&T (up 5.4%); while the 30-share SENSEX index closed 16416.33, up 3.58%.

Nifty Futures shut stop at 4939.55 up by 190.85 points or 4.02 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 4975 else below support level of 4800 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 4975 & above this level the next resistance is seen near the 5080 mark.

SUPPORT: It has first support close to the level of 4800 & below this level the next support is seen near 4715 mark.

The markets drifted lower in the last leg of the trade due to futures and options expiry; selling pressure in IT and metal shares also weighed. After opening marginally firm, the Nifty witnessed a choppy session as traders’ rolled over positions from August to the September series. The Nifty touched a high of 4,915 during the opening trades and moved between gains and losses before giving into selling pressure in the last half an hour of the trade. The Nifty finally closed at 4,840, down 49 points, and the Sensex ended at 16,146, down 139 points.

Nifty Futures shut stop at 4888.90 down by -60 points or -1.21 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 4800 else above resistance level of 4912 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 4912 & above this level the next resistance is seen near the 4975 mark.

SUPPORT: It has first support close to the level of 4800 & below this level the next support is seen near 4665 mark.

Sell-off in the Indian markets continued for second straight session and benchmarks closed near crucial support levels after panicky investors liquidated positions on rising concerns of the US economy slipping into double-dip recession, financial crisis in Europe and slowdown in domestic economy due rising to interest rates.

National Stock Exchange’s Nifty ended at 4845.65, down -98.50 points or -1.99 per cent. The broader index touched a high of 4893.60 and 52-week low of 4796.10 in trade today.

Nifty Futures shut stop at 4850 down by -88.05 points or -1.78 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 4775 else above resistance level of 4905 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 4905 & above this level the next resistance is seen near the 5076 mark.

SUPPORT: It has first support close to the level of 4775 & below this level the next support is seen near 4665 mark.

Markets ended in the red due to selling pressure in frontline stocks-ICICI Bank, Bharti Airtel and Tata Power, shrugging off firm cues from Europe.

The Nifty opened in the negative and touched a low of 5,128 tracking weak global cues. The index changed lanes and touched a high of 5,184 in the afternoon session following a recovery in Asian indices and rally in European markets. However, selling in select banking and frontline shares dragged the index in the last leg of the trade. The Nifty finally ended at 5,138, down 23 points and the Sensex closed at 17,059, down 71 points.

Nifty Futures shut stop at 5128 down by -30.65 or -0.59 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5118 else above resistance level of 5240 it would be in an upward trend.

RESISTANCE: It has first resistance close to the level of 5122 & above this level the next resistance is seen near the 5240 mark.

SUPPORT: It has first support close to the level of 5118 & below this level the next support is seen near 4950 mark.

The markets closed for the day in the positive after swinging between the red and the green. The 50-share NSE Nifty rose just 24.10 points or 0.44 %, to end at 5,556.15.

The Nifty futures closed and settled finally at 5563 up by 28.80 points or 0.52 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5580 else below support level of 5508 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5580 & above this level the next resistance is seen near the 5630 mark.

SUPPORT: It has first support close to the level of 5508 & below this level the next support is seen near 5415 mark.

In banking, CNX Bank Index gained 18.80 points or 0.17 %. Amongst the banking stocks Yes Bank, Karnataka Bank and City Union Bank and Lakshmi Vilas Bank lead the row.

Bank Nifty Futures shut stop at 10882 up by 50.85 points or 0.47 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 10935 else below support level of 10760 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 10935 above this level the next resistance is seen near to the level of 11240.

SUPPORT: It has first support close to the level of 10760 & below this level the next support is seen near 10620 marks.