26 April 2017

NIFTY OUTLOOK & FREE NIFTY TIPS FOR 27 APRIL 2017


The Sensex remained above the 30000-level in today's trading session along with the Nifty trading above the 9300-mark on the back of widespread buying and sustained foreign fund inflows. The Sensex ended the session 190 points higher at 30133. The Nifty settled the day at 9351 up 45 points, a new record closing.
For tomorrow take long positions on a rally beyond 9300 levels. The contract can then extend its rally and test resistances at 9335 and 9275 levels in the near term. On the downside, a decisive fall below key support at 9275 is needed to alter the bullish momentum and drag the contract down to 9250 and then to 9235 levels.
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Supports: 9275 and 9235
Resistances: 9335 and 9375

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