Index Levels
BSE Sensex 17059.40
Major Support 17012 – 16858 – 16759
Major Resistance 17256
NSE Nifty 5138.30
Major Support 5121 – 4947
Major Resistance 5198
View
The markets seem to take a breather for the last two trading sessions. Volatility as predicted has come down and will be low even today. Next week having only 3 trading sessions we expect investors not to commit on either side of the markets. For today supports will be seen at 17012 and 5121 on the BSE Sensex and the NSE Nifty respectively. If we trade below these levels then we should witness a sell off to test the next support levels. We continue with our view - Investors who have already sold should stay away from the markets.
About Me
- PRECI$ION TECHNICAL$
- PRECI$ION TECHNICAL$ is a PUNE based stock market training, consultancy and financial software company. Founded by Mr. Kiran Jadhav and Mr. Mandar Jamsandekar who collectively posses more than 30 years of experience in the Indian stock markets. A journey which started off as a partnership firm later moved on to be a private limited company. In the last 10 years Precision has emerged as not only a companion to many investors but also equipping them with the right knowledge which is required to be a winner in the stock market.A journey which started as a hobby has now shifted to be a mission to ensure that the power of knowledge and ideas of sensible investing reach, each and every house hold in India.
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