New day new high!!!! Bulls continued to rule the street. Continuing their bull run, market ended at fresh closing high on Wednesday, led by buying in financial, auto and metal counters. Optimism surrounding the signing of the first phase of a US-China trade deal also boosted investor sentiment. The Sensex climbed 199 points to end at 41021, - its fresh closing peak. It was the first time that the index settled above the crucial 41000-mark.Sensex hit an all-time high of 41120 in the intra-day trade on Tuesday. The NSE Nifty gained 63 points to settle at a new peak of 12100. For the coming session, immediate resistance would be seen at 12150-12200 and a sustainable move beyond this would extend this rally towards 12300. On the flipside, 12050-12000 are likely to act as strong support levels unless this zone is violated decisively, the bulls need not worry.
More
about intraday tips on Google +
Resistance: , 12150, 12200,1250
Support: 12050,
12000, 11950
No comments:
Post a Comment