12 January 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 13 JAN 2017

!!!SAIL MOVED ON OUR WORDS...!!!
Bulls Have Taken Charge…!!! Nifty has Moved Higher toward 8400 level. After a steady rally in markets on Wednesday, even as Nifty struggles to consolidate, it has gained over 8400 levels in Thursday's trading session, and Global Offshore has caught investors’ attention by gaining more than 3.5% on an intraday basis. The Sensex ended 106 points higher taking its winning streak to the third straight day. The Nifty index closed 26 points higher, above the psychological 8,400 mark. The Nifty hit the new level of 8400 on Thursday even as many sectors including Auto, FMCG, Metal, Pharma and Realty are trading in red on Thursday.
The markets may not see a decline, but they may remain flat for the coming few days. Nifty may touch 8450-8480 points once 8410 resistance crossed. The Nifty could test 8435 as early as tomorrow. Next resistance is at 8455-8495.On downside first support is at 8355-8300 level. Next support is at 8285-8255.
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Supports: 8355 and 8300
Resistances: 8455 and 8495

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