Index Levels
BSE Sensex 16958.39
Major Support 16809 – 16660 – 16608
Major Resistance 16987 – 17191
NSE Nifty 5099.40
Major Support 5055 – 5011 – 4997
Major Resistance 5109 – 5168
View
The markets cheered the Infosys numbers with a thumping close for the day yesterday. The indices have now reached near the higher end of the current range which exists at around 5150 – 5200 levels. These are the levels where the markets could feel the heat with the momentum drying and cautious trades entered. For the day watch support for the Sensex @ 16809 and for the Nifty @ 5055 levels. On the higher side resistance comes in @ 17191 for the Sensex and 5168 for the Nifty. Hold a scrip specific view….
No comments:
Post a Comment