Wednesday, 28 August 2013

Nifty future tips Nifty closed Red, it gained some strength at ending session but after half hour it fell and closed down 0.05% at 5285.00. Nifty August Future derivative closed at 5272.90 down 11.90 points touched high of 5318.70 and low at 5108.25. Open Interest declined 10.97%, trading volume increased.
Market sentiments are weak and volatility increased. According to market experts if INR take strength, it will give support to market. Expected it will remain volatile due to future contract expiry and weak global peers.
Nifty Expected to open positive it will take resistance at 5362-5561 and Support at 5163-4964.


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