NIFTY INDEX LEVELS FOR TODAY

Nifty was on a bull trend and closed at 5627.75 So today the first resistance for nifty is at 5660 level. Next resistance ranges are at 5685-90 levels. On downside first support is at 5590 level. Next supports are at 5560 level.So today if nifty moves above 5665 level it is a good sign for bulls but if nifty goes below 5590 be very alert and sellers may have the control if nifty is below 5560 level.

Global mkt & Asian mkt cues

US markets: There were no cues from the US as they were shut yesterday for Thanksgiving. European markets: European markets closed higher for a fourth consecutive session as investors grew more confident that a deal on further aid for Greece could be struck on Monday. Asian markets: At 7: 34 am (IST), Asian markets were trading firm. China's Shanghai Composite was flat at 2,017.50. Hong Kong's Hang Seng was up 0.34% or 73.14 points at 21,816.34. Singapore's Straits Times was flat at 2,986.49. South Korea's Seoul Composite was flat at 1,898.94. Taiwan's Taiwan Weighted gained 1.70% or 120.48 points at 7,226.24.

Winter session of Parliament Impact Of Nifty

The Indian market remained listless on Thursday. Investors were sceptical due to stormy beginning of the winter session of Parliament. The Sensex was up 56.96 points to close at 18,517.34. Meanwhile, the Nifty rose 12.95 points and ended at 5,627.75. The first day of the winter session was a washout. BJP remained adamant on a debate followed by a vote on FDI in retail. Meanwhile, the government decides to call an all-party meeting on Monday.