Index Levels
BSE Sensex 16839.63
Major Support 16759 – 16687
Major Resistance 17043 – 17246
NSE Nifty 5072.95
Major Support 5053 – 4947
Major Resistance 5133 – 5198
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Wishing you a very happy Independence day. The global cues are positive for todays open and we expect a gap up opening. Along with the global markets the crude has also bounced back which is a negative for India. Therefore the probability of a confirmed trend for today will be seen only in the second half. This week we have only 3 trading sessions therefore we expect investors not to commit on either side of the markets. For today supports will be seen at 16759 and 5053 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.
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- 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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