Market View for Friday 13 Apr 2012



Index Levels


BSE Sensex 17332.62

Major Support 17276 – 17075 – 16920

Major Resistance 17395 – 17407 – 17553


NSE Nifty 5276.85

Major Support 5246 – 5190 – 5135

Major Resistance 5290 – 5338 – 5378



View

The markets traded flat as market players remained cautious of the earnings season which starts with Infosys on Friday. The guidance will play an important role in the direction of the markets. Let’s hope that the management does not disappoint us. The markets have continuously shown strength and this was again proved with the IIP numbers getting revised on the lower side but the markets continued to stay afloat. For today watch support @ 17276 for the Sensex and 5246 for the Nifty. On the higher side resistance comes in @ 17395 for the Sensex and 5290 for the Nifty. On disappointing results the markets are expected to tumble down today. Lets hope for the best. Happy Investing & Happy Educating! Remember – We Are Always By Your Side In Your Venture In The Stock Markets! Whenever in doubts call (020) 66 86 86 86. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>> LAUNCHING SOON >>>>>>>>>>>>>>>>>>>>>>>>>>>>>> 1) MARKET VIEW ON YOUR MOBILE 2) COMMODITY TRADER – Pro (Intraday Technical Analysis Software for Commodities) 3) COMMODITY TRADER – Eod (Positional Signals on Commodities) 4) INTRADAY TA PICKS ON YOUR MOBILE 5) OPTIONS TRADER – Pro (Intraday Technical Analysis Software for trading options of NIFTY & BANK NIFTY) >OUR MISSION - 'We are committed to empower you with products which will help you to win the stock markets’<

No comments:

Post a Comment