Market View for Thursday 22 Mar 2012


Index Levels

BSE Sensex 17601.71

Major Support 17451 – 17301

Major Resistance 17622 – 17656 – 17871


NSE Nifty 5364.95

Major Support 5316 – 5267

Major Resistance 5372 – 5380 – 5445


View

The markets started the trade on a dull note eventually rallying to close the day with good gains. With such a big move witnessed yesterday we could see the indices trading more or less flat for today. For the Sensex watch support @ 17451 and for the Nifty @ 5316. On the higher side watch resistance @17622 for the Sensex and 5372 for the Nifty. Hold a scrip specific view…

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