CALLS GIVEN IN PREVIOUS POST
BSE Sensex closed at its highest level in nearly one month on Wednesday
as blue chips advanced on resumption of buying by foreign investors, while forecast
of a timely monsoon continued to raise hopes the central bank would lower
interest rates in June.
REL INFRA ALMOST ACHIEVED THE TGT
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As market is edging higher on rate cut expectations and easing in FII selling, today the trend was positive with limited volatility. The markets opened with a positive and remained in positive zone through the day, without much volatility. Nifty today opened at 8392, made an intraday high and low of 8440 and 8391 respectively and finally closed at 8423 up around 57 points. But the market breadth turned flat.
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As market is edging higher on rate cut expectations and easing in FII selling, today the trend was positive with limited volatility. The markets opened with a positive and remained in positive zone through the day, without much volatility. Nifty today opened at 8392, made an intraday high and low of 8440 and 8391 respectively and finally closed at 8423 up around 57 points. But the market breadth turned flat.
The most critical levels for tomorrow will lie between 8420 and 8450, if
the index were to take out this range on the downside you would know that
further pronounced weakness is likely, and we are getting back to square of a
range bound market here as well.
More about intraday tips on Google +
RESISTANCE: 8450, 8470, 8490
SUPPORT: 8430, 8410, 8390
More about intraday tips on Google +
RESISTANCE: 8450, 8470, 8490
SUPPORT: 8430, 8410, 8390
Market is very volatile today. Thanks for providing updates
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