• Sharebar

Key share indices ended at their 6-month highs on Thursday after renewed buying interest was seen in late trades led by gains in private banking majors and index heavyweight Infosys. The 30 share Sensex provisionally closed at 17,830.75 up 123.43 points whereas the Nifty provisionally ended up 44.20 points at 5412.35.On August 4, 2011 the Sensex had ended at 17,940.55 and on August 3, 2011 the Nifty had ended at 5,404.80.

Nifty Futures shut stop at 5448 up by 59.50 points or 1.10 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5460 else below support level of 5330 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5460 & above this level the next resistance is seen near the 5560 mark.
SUPPORT: It has first support close to the level of 5300 & below this level the next support is seen near 5230 mark.