Index Levels
BSE Sensex 17065.15
Major Support 17000 – 16933 – 16768
Major Resistance 17191 – 17209 – 17358
NSE Nifty 5133.25
Major Support 5109 – 5091 – 5042
Major Resistance 5168 – 5229
View
The markets opened flat and traded dull throughout the day. The movement too was very narrow range bound and the participation on front of market players remained low. Most of the stocks witnessed dull trade. This make also be on account of the indices reaching resistance levels in the short term. It is now important for us to watch resistance @ 17209 – 17358 levels for the Sensex and 5229 for the Nifty. On the lower side supports should be watched @ 17191 for the Sensex and 5109 for the Nifty. With range bound trade yesterday players should watch the highs and lows made yesterday as trend deciders for today. Hold a scrip specific view…
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