11 September 2014


On Thursday Consolidation was witnessed in the market throughout the day. The Sensex and the Nifty closed below the crucial psychological levels of 27,000 and 8,100, respectively, on the back of selling pressure witnessed by heavyweights like Sun Pharma, ONGC, TCS, ICICI Bank and Tata Motors. Today nifty future started at 8135 made a high of 8148 and low of 8072 and closed at 8117, total 76 points was played by nifty future throughout the day.
Tomorrow will be the week ended Friday so consolidation may continue tomorrow also. If the hurdle 8155 will be crossed then some profit booking will take place or else if any down fall will be witnessed then, there 8070 will support for nifty future...
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RESISTANCE: 8150, 8170, 8190
SUPPORT:  8130, 8110, 8090

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