Showing posts with label NIFTY LEVELS FOR 9 MARCH. Show all posts
Showing posts with label NIFTY LEVELS FOR 9 MARCH. Show all posts

Wednesday, March 8, 2017

NIFTY OUTLOOK & FREE FOR 9 MARCH 2017

"BUY BANKNIFTY ON DIPS 20670-700 TGT 20880/21000 SL 20480"
Indian equity markets provisionally closed in the negative territory on Wednesday as caution prevailed ahead of state elections results, including that of the crucial state of Uttar Pradesh, and a US Federal Reserve policy meeting next week. The election in Uttar Pradesh is the world’s largest this year and will have a key influence on Prime Minister Narendra Modi’s chances of clinching a second term in 2019. Exit polls will be released on Thursday and results will be out on Saturday. Meanwhile, the Federal Reserve has a policy meeting on 14-15 March and markets are expecting a rate hike after recent hawkish comments by policymakers. The Sensex which opened at 29021 points, provisionally closed at 28902 points down 96 points or from the previous close at 28999 mark. The Nifty slipped by 22 points, to 8924 points.

Wednesday, March 7, 2012

NIFTY OUTLOOK FOR TOMORROW

MARKET TREND FOR 9 MARCH 2012
As we have seen the market movements today it seems that bulls are facing serious problems over here. After   a slow start at 5207 ,it was difficult for index to cross level of 5250 in today’s trading session .
On the upside once 5280 is violated that would be the first resistance  after that levels of 5297-5304 would be next resistance zone.
The support area of 5280 through 5265 would most likely be breached.
NIFTY  LEVELS FOR TOMORROW

RESISTANCE1
5250
SUPPORT1
 5186
RESISTANCE2

5275
SUPPORT2
     5150
RESISTANCE3
5340
SUPPORT3
 5088