Showing posts with label Market Updates. Show all posts
Showing posts with label Market Updates. Show all posts
Intraday Tips for Tomorrow- Nifty Prediction for Tuesday 7 June
[6:35 PM | 0 comments ]
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Today the Indian Equity index closed with moderate gains amid volatility.
Weak global cues and disappointing US employment data caused market to trade with negative bias. But the market managed to bounce back in the last one hour of the session following recovery in European markets as it seemed that market factored in negatives. The 50-share NSE Nifty rose just 15.30 points, to end at 5,532.05.  
The Nifty futures closed and settled finally at 5534.20 up by 10.70 points or 0.19 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5550 else below support level of 5475 it would be in a downward trend.
It has resistance close to the level of 5550 & above this level the next resistance near the 5630 mark. It has support close to the level of 5475 & below this level the next support near 5410 mark.

Intraday Tips for Tomorrow- Nifty Prediction Next Week Monday 6 June 2011
[6:42 PM | 0 comments ]
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Today markets closed higher for the second consecutive day with the S&P CNX NIFTY continuing its northward journey and closing the day down -33.60 points or -0.16 % at 5516.75.
The Nifty futures closed and settled finally at 5533.80 down by -24.65 points or -0.44 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5625 else below support level of 5480 it would be in a downward trend.
It has resistance close to the level of 5625 & above this level the next resistance near the 5730 mark. It has support close to the level of 5480 & below this level the next support near 5400 mark.

Intraday Tips for Tomorrow- Nifty Predictions for Friday 3 June 2011
[6:34 PM | 0 comments ]
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Today indices failed to break into the positive terrain and slipped below the intermediate support levels as negative cues from European peers hurt sentiments. Most of the sectoral indices, barring defensives like FMCG and pharmaceuticals, were in the red. The S&P CNX NIFTY continuing its northward journey and closing the day down -41.65 points or -0.74 % at 5550.35.
The Nifty futures closed and settled finally at 5563, down by -27.45 points or -0.49 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5580 else below support level of 5520 it would be in a downward trend.
It has resistance close to the level of 5580 & above this level the next resistance near the 5630 mark. It has support close to the level of 5520 & below this level the next support near 5480 mark.

Intraday Tips for Tomorrow- Nifty Prediction Thursday 26 May 2011
[6:04 PM | 0 comments ]
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Today Indian markets ended in the negative territory as traders squared off positions ahead of May series expiry. Weak cues from global markets also hurt sentiments. The S&P CNX Nifty ended at 5348.95, down -45.90 points or -0.85 %.
The Nifty futures closed and settled finally at 5349.45, down by -38.40 points or -0.71 %. It is looking bearish in the coming trading session if it manages to trade support level of 5310 else above resistance level of 5375 it would be in an upward trend.
It has resistance close to the level of 5375 & above this level the next resistance near the 5440 mark. It has support close to the level of 5310 & below this level the next support near the 5175 mark.

Intraday Tips for Tomorrow- Nifty Prediction Wednesday 25 May 2011
[6:07 PM | 0 comments ]
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Benchmarks ended choppy session on a positive due to lack of buying conviction amongst investors in absence of any trigger to drive the market. Losses in FMCG, realty and metals were offset by gains in capital goods, banks and pharmaceutical stocks. The S&P CNX Nifty ended at 5394.85, up 8.30 points or 0.15 %.
The Nifty futures closed and settled finally at 5387.85, up by 4.40 points or 0.08 %. It is looking bearish in the coming trading session if it manages to trade support level of 5350 else above resistance level of 5440 it would be in an upward trend.
It has resistance close to the level of 5440 & above this level the next resistance near the 5540 mark. It has support close to the level of 5350 & below this level the next support near 5230 mark.