Index Levels
BSE Sensex 16416.33
Major Support 16248 – 16080
Major Resistance 16462 – 16549 – 16910
NSE Nifty 4919.60
Major Support 4862 – 4806
Major Resistance 4934 – 4965 – 5078
View
The markets rejoiced on the footsteps of the global markets which also traded in the green today. This is amidst ‘IRENE’ hitting United States. It seems that India celebrated the win of ANNA HAZARE. For Tuesday the markets would again try to rally as they have been battered for long. Only a gap up opening could prove to be a spoil sport and could bring in dull trade in the markets. For the Sensex one should watch support coming in @ 16248 and for the Nifty @ 4862 levels. On the higher side resistance comes in @ 16549 for the Sensex and 4965 for the Nifty. Once these levels are crossed then expect a big jump in the intraday move. Hold a scrip specific view…
No comments:
Post a Comment