Market View for Thursday 19 Apr 2012



Index Levels


BSE Sensex 17392.39

Major Support 17371 – 17200 – 17103

Major Resistance 17447 – 17522


NSE Nifty 5300.00

Major Support 5293 – 5266 – 5208

Major Resistance 5320 – 5342



View

The markets traded sideways and flat. The closing remained on the falling trend line on the extreme short term charts. With the results season going on the market players are sticking to a cautious trade. For the indices watch resistance @ 17447 – 17522 for the Sensex and 5320 – 5342 for the Nifty. On the lower side watch supports @ 17200 – 17103 for the Sensex and 5266 – 5208 for the Nifty. With major results coming up in the next two three days expect the markets to stay between these levels. Hold a scrip specific vew… 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.

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