| 0 comments ]
Labels: , , , , , , , ,

Share Market Review:-
The Indian stock market traded volatile in both directions. Selling pressure returned in the markets in the last 30 minutes of trade and both benchmark indices lost early gains to close flat. Banking and realty performed well while IT remained the worst performer. Markets gave gap down open on account of the terror attacks in Mumbai. The European markets are trading strong. The FTSE is down by 52 points, CAC index is down by 41 points and DAX index is down by 42 points.  The Sensex closed at 18588, down 8 points from its previous close. Today's Top Gainers were Sesa Goa with +3.42%, DLF Ltd. with +2.95%, Ambuja Cements Ltd. with +2.72%, IDFC with +2.71%, ACC Ltd. with +2.39%. Top Loosers were HDFC Bank with -79.92%, Tata Consultancy with -2.21%, Reliance Communication Ltd with -1.63%, GAIL (India) Ltd. with -1.52%, Bajaj Auto Ltd. with -1.45%.

Nifty Futures:-
The markets have extended gains on the back of buying in rate-sensitive stocks. The Nifty after touching a low of 5541.70 has rallied 112.25 points to a high of 5653.95. The S&P CNX Nifty closed at 5599.80, up 14 points or 0.26 %.
The Nifty futures closed and settled finally at 5585.10 down by -14.65 points or 0.26 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5670 else below support level of 5440 it would be in a downward trend.
Resistance and Support Levels for Friday:-
It has resistance close to the level of 5670 & above this level the next resistance is near the 5760 mark.  It has support close to the level of 5440 & below this level the next support is near 5330 mark.
     
Bank Nifty Futures:-
Today Bank Nifty performed good and closed in green, Bank Nifty Futures shut stop at 11245 up by 74.70 or 0.67 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 11405 else below support level of 11085 it would be in a downward trend.
Resistance and Support Levels for Friday:-
It has resistance close to the level of 11405 above this level the next resistance is near to the level of 11500. It has support close to the level of 11085 & below this level the next support is near 10975 marks.



0 comments

Post a Comment