Market View for Tuesday 17 Apr 2012



Index Levels


BSE Sensex 17150.95

Major Support 17047 – 17010 – 16920

Major Resistance 17173 – 17232 – 17398


NSE Nifty 5226.20

Major Support 5190 – 5183 – 5135

Major Resistance 5233 – 5255 – 5306



View

The markets opened flat and managed to move up with expectations of RBI reducing interest rates today. Let’s hope that the RBI does not disappoint today cause if that happens then we may witness selling in the markets. For today watch support @ 17047 for the Sensex and 5190 for the Nifty. Above these levels the markets should stay strong. Hold a scrip specific view… With RBI Policy today is an event based day. 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’<

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