5 August 2015

NIFTY OUTLOOK & FREE NIFTY TIPS FOR THURSDAY 6 AUGUST 2015

OFFER CLOSES SOON...!!!!
Range bound movement was there in the market today. The Sensex jumped 151 points to close at 28,23 and Nifty advanced 51 points to end at 8568 led by buying in technology, auto and pharma stocks.For most part of the day, the Sensex and Nifty traded on a firm note on the back of broad-based buying interest. But in the latter half of the day owing to mild profit-booking in banking stocks, the benchmark indices came off the intraday high levels. The Sensex touched high of 28315 and low of 28135. And the Nifty touched high of 8591 and low of 8545.
For Tomorrow, unless the Nifty  take out 8600 through 8630 resistance zone, we expect it to show some bit of weakness in that it would attract selling at higher levels. On the other hand, so long as the index does not fall below 8530 through 8500 support area, it would not be bearish either.
More about intraday tips on Google +
RESISTANCE: 8600, 8650, 8700
SUPPORT:  8550, 8500, 8450           

No comments:

Post a Comment