Index Levels
BSE Sensex 16051.10
Major Support 15801 – 15765 – 15330
Major Resistance 16209 – 16513 – 16865
NSE Nifty 4835.40
Major Support 4758 – 4720 – 4538
Major Resistance 4879 – 4968 – 5068
View
The markets bounced back from intraday lows in highly volatile session. Stocks too displayed choppy trade. With the global cues being positive it is expected that our markets should also open with a gap up opening. This could also prove to be spoil spot for the markets cause with a gap up opening the later 3 hours of trade would be cautious and indecisive. For the Sensex watch support @ 15801 and for the Nifty @ 4758 levels. Above these levels the markets would hold for now. Hold a a scrip specific view…
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