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For intraday tomorrow, trend deciding level is at 5,480-5,500. If Nifty shows strength above 5,500 level, then rally to 5,540/5,625 levels may be seen. If Nifty does not show strength above 5,480 levels then selling till 5,450/5,400/5,350may also be seen.

The Nifty futures closed and settled finally at 5901.60, up by 31 or 0.53 %. Its looking bullish in the coming trading session if it manages to trade above the resistance level of 5950 else below support level of 5880 it would be in a downward trend.

On the basis of daily charts and reports, trend deciding level is at 19350 / 5800. On the upside, if indices trade above 19,350 / 5,800 levels then it is likely to test 19,465 / 5,850 or even extend their gains to 19,530 / 5,880 levels for tomorrow trading session. On the downside, indices may have support at 19,180 - 19,125 / 5,740 - 5,715 levels.

Looking at daily Nifty Charts and reports at present the narrow range body formation reflects indecisiveness prevailing at current levels. Hence, if indices trade above 18,185 / 5,460 levels then they are likely to test 18,330-18,410 / 5,495-5,530. On the downside, 18,010 - 17,924 / 5,412 - 5,375 are the crucial support levels for the indices. Any breach of below this levels would intensify the selling pressure.

Bank Nifty Futures shut stop at 10967.15, up 19.85 points or 0.18 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11184 else below 10780 it might be in a bearish trend.

While commenting on Nifty charts until, Nifty manages to breakout above 5,950 levels, volatility may be seen. For Intraday Trading Tomorrow if indices trade above 19740 / 5925 levels then they are likely to test 19865-19970 / 5,970 - 6,015 levels. On the downside, 19,555 - 19,468 / 5,870 - 5,838 levels are support for the day. Any breach below 5825 level would intensify the selling pressure.

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For intraday trading tomorrow if indices trade above 18,465 / 5,540 levels then it would breach downward sloping trend line. Indices are then likely to test 18,585 - 18,740 / 5,565 - 5,600 levels. On the downside 18,310 - 18,215 / 5,490 - 5,460 levels may act as support for the day.

For daily intraday trading, trend deciding level is at 5,790. If Nifty shows strength above 5,790 level, then rally to 5,825-5,840/5,885/5,940 levels may be seen. On the down side if Nifty does not show strength above 5,790 levels then profit booking till 5,750/5,700/5,650 may also be seen. Below 5600 level selling pressure may intensify to 5480-5400 levels.

The Nifty futures closed and settled finally at 5545.80, up by 45.55 points or 0.83 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5575 else below 5500 it would be in a downward trend.