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New day new high..!!! Market
breaks all the record in Tuesday’s session ahead of the crucial GST Council
meeting. The Sensex gained rose 206 points to close at 41558. The Nifty gained
56 points to close at 12221. The market hit record high on the
expectations of measures from the Centre to support the economy. Metals &
IT stocks traded higher on hopes that easing trade tensions could ensure global
growth and increase the order intakes. With the budget around the corner,
the government is planning to steer the ship by bringing measures to boost
consumption.
Traders are keenly watching the ongoing GST council meet; a rate hike is looking unlikely due to a surge in inflation while the focus will be more on revenue realization. Nifty opened the day with marginal gains and maintained its bullish stance throughout the day, forming a bullish candle on the daily chart. The index managed to close again on fresh highs, shifting its support to 12158 -12110. If it manages to hold the said level, then we can see some more upside towards 12275-12300.
Traders are keenly watching the ongoing GST council meet; a rate hike is looking unlikely due to a surge in inflation while the focus will be more on revenue realization. Nifty opened the day with marginal gains and maintained its bullish stance throughout the day, forming a bullish candle on the daily chart. The index managed to close again on fresh highs, shifting its support to 12158 -12110. If it manages to hold the said level, then we can see some more upside towards 12275-12300.
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Resistance: 12275, 12300,
12350
Support: 12158,
12100, 12050
Support 12950...?
ReplyDeleteHii Sir..SUPPORT 12158, 12100, 12050 . FOR MORE DETAILS CALL 9039542248 OR YOU CAN WHATSAPP ALSO
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