Fantastic Friday!!!! Nifty ends above 7450 level. The Sensex extended gains in trade on Friday to end 278 points higher, while broader CNX Nifty closed above its key 7,450-mark. The BSE Sensex opened at 24360, touched an intra-day high of 24613 and low of 24346. It finally ended with a gain of 279 points at 24617. The NSE Nifty opened at 7418 hitting a high of 7503 and low of 7407, before ending with a gain of 85 points at 7489. The Sensex and NSE Nifty gained over 1 per cent on Friday on account of value buying amid stabilized crude oil prices. The Sensex closed 278 points up at 24616, while Nifty 50 index settled 85 points up at 7489. We have to wait and watch whether these changes are likely to be maintained which can improve FIIs inflow to India. US payroll data will be released today and is expected to be lower than earlier which will make a FED rate hike in March to be unlikely.
Resistances: 7520,
7550
Supports: 7450,
7,430
Hi mantri,
ReplyDeletei think we will see a doji on monday.
regards