Index Levels
BSE Sensex 17058.61
Major Support 17008 – 16920 – 16828
Major Resistance 17109 – 17245 – 17366
NSE Nifty 5178.85
Major Support 5135 – 5076
Major Resistance 5194 – 5236 – 5277
View
The markets witnessed the March expiry on a dull note. The markets traded sideways and so did most of the stocks. The mont of April is full of triggers like earning numbers, RBI policy etc. Today is the last day of the week and should play an important role in deciding the trend for the new contract month. The indices have closed near recent lows / bottoms. This is an important level which all need to watch closely. This makes todays closing which also is the weekly closing an important close. Levels mentioned above can be tracked as important supports and resistances. Gap up gap down opening can prove to be a spoil sport. But for the day and intraday positions keep a track of Intraday Action Viewer.
No comments:
Post a Comment