Nifty Trend Level Today 30 April 2015-- By Equity Research Lab

NIFTY SPOT: 8239.75 (-0.55%)                                                               NIFTY FUT: 8235.00 (-0.69%)

The market ended a volatile session on a weak note. The Sensex was down 170.45 points or 0.6 percent at 27225, and the Nifty slipped 45.85 points or 0.5 percent at 8239.75. Straddled with long positions, market participants are looking to exit at higher levels and "so we are seeing selling each time index moves up. Bharti Airtel fell 4 percent while ITC, HDFC, Vedanta and Reliance were major laggards in the Sensex. Axis Bank gained 5 percent. Among the top gainers were Wipro, GAIL, Sun Pharma and ICICI Bank.

Daily Nifty Levels (SPOT)                                                                           Pivot: 8255.72

R1: 8292.23                                                                                                    S1: 8203.23

 R2: 8344.72                                                                                                   S2: 8166.72

R3: 8381.23                                                                                                     S3: 8144.23

Daily Nifty Levels (FUT)                                                                               Pivot: 8258.17                          

 R1: 8296.13                                                                                                    S1: 8197.03

R2: 8357.27                                                                                                     S2: 8159.07

R3: 8395.23                                                                                                     S3: 8097.93

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