Nifty above 10,000
again..!!!!Bulls roar on the first day of September series. Nifty is back to
the comfort zone of 10,000 in today trade while the Sensex ended 0.51 %
higher at 31892 as a weaker-than-expected economic growth data raised hopes the
central bank would cut interest rates in October. Nifty future has started at 9945 made a high
of 10017 & low of 9937 & closed at 10003.
It was modestly
positive start of September series and expects the upward move to continue.
The bias will remain positive as long as Nifty remains above the crucial
support at 9800. The 10055 and 10095 levels will act as immediate
resistance for the Nifty on Monday, while supports may come in at 9945 and 9910
levels.
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Resistance: 10055, 10075,
10100
Support: 9975,
9950, 9925
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