Market
ended rangebound trading session on a mixed note. The Sensex closed at 33731,
up by 45 points, while Nifty pulled back from record on profit- booking and
ended in the negative terrain. Nifty future has closed 7 points down at 10479
it has opened at 10452 made a high of 10530 & low of 10441, total 89 points
nifty has moved in intraday.
We continue
to keep our analysis on similar lines for Tuesday’s trade. The market is
overbought but strong. In all likelihood, the Nifty is likely to keep pushing
itself for minor marginal highs, but at the same time it will remain vulnerable
to consolidation at higher levels. We will now watch out for 10555
and 10595 levels on the higher side. Supports should come in at 10400 and
10,350 levels.
More about intraday tips on Google +
Resistance: 10550, 10570,
10595
Support: 10430,
10370, 10350
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