NIFTY TODAY
Thursday belonged to the bulls…!!! Bulls took the charge on the d-street & took nifty above 10600 mark. The benchmark indices ended on positive note with Nifty managed to close above 10600 level. After a subdued start the market gained some momentum supported by strong rupee and positive Asian peers. The Sensex was up 118 points at 35260, while Nifty was up 40 points at 10616.
NIFTY TOMORROW
Levels around the 10700-10725 zone may now provide tough resistance
to the index, while the 10550 level is likely to act as a strong
support. The index has broadly negated the formation of lower highs and
lower lows of last six weeks and closed above multiple hurdles in the 10650 -10680
zone. The index needs to hold above 10680 to witness an upward move towards the
10750 mark. Downside support has shifted higher to 10550 level from 10500.
More about intraday tips on Google +
Resistance: 10700, 10750
Support: 10550, 10500
No comments:
Post a Comment