http://niftytips.org.in - Markets opened the session on a positive note and were able to maintain on higher side despite of weak manufacturing PMI while closed on stronger side. Nifty future found intraday resistance around 5525 surpassing which it headed towards the next resistance of 5570. On daily charts nifty has closed above the upper band of downward channel pattern indicating short term bulls where 5600-5640 will act as resistance range and 5450 is seen as major support for it.

http://niftytips.org.in - CURRENCIES S1 S2 S3 R1 R2 R3
USDINR 66.5000 66.1000 65.7000 67.1000 67.4000 67.8000
EURINR 88.0000 87.6000 87.2000 88.8000 89.3000 89.8000
GBPINR 103.0000 102.5500 102.1500 104.0000 104.4000 104.8000
JPYINR 67.7000 67.2500 66.8000 68.3000 68.7000 69.1000

http://niftytips.org.in - Markets started the new series on a satisfactory note where it resisted near strong resistance levels and turned negative after PM speech while took a strong recovery in the late trade and closed in green. Nifty future on the daily charts is facing stiff resistance of 5530 holdings above which can support the index to move on the higher side towards 5550. While 5400 is seen as immediate support and 5350 will act as major support for the Intraday session.