For next intraday trading session any move above 18,470 / 5,540 would lead indices to test 18,640 - 18,750 / 5,580 - 5,610 levels. On the downside, markets could find support levels at 18,225 - 18,120 / 5,475 - 5,440.
For Intraday Trading On Monday market is expected to open either flat or positive, and cues from global markets may lead the indices towards up. For intraday trading on Monday if indices trade above 18880 / 5650 levels then they are likely to test 19028 - 19,190 / 5,680 - 5,725 levels. On the downside, 18,710 - 18,580 / 5,610 - 5,565 levels are support for the day.
Market still seems to be in consolidation phase in the near-term. Nifty traded rangebound today and set to close in green with moderate gains. For next trading sessions Nifty is likely to find support in the range of 5475-5425 levels and 5,580-5,625 levels may act as resistance for next trading sessions.
If Nifty manages to trade above 5,550 level with high volume than we can see up-move towards 5,600, otherwise on the down side, below 5500 level more correction can be seen in Nifty.
It was volatile day for market after a good opening in Indian Stock Markets it closed in Red today. Both benchmark indices traded positive at the start of the session but unfortunately closed in Red with significant loss...........
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While commenting on Nifty charts until, Nifty manages to breakout above 5,950 levels, volatility may be seen. For Intraday Trading Tomorrow if indices trade above 19740 / 5925 levels then they are likely to test 19865-19970 / 5,970 - 6,015 levels. On the downside, 19,555 - 19,468 / 5,870 - 5,838 levels are support for the day. Any breach below 5825 level would intensify the selling pressure.
For Intraday tomorrow market is expected to open either flat or positive. Until, Nifty manages to trade above 5,750 levels, volatility may be seen in 5,650-5850 range. By tomorrow if indices trade above 19160 / 5750 levels then they are likely to test 19272-19360 / 5,800 - 5,850 levels. On the downside, 19,003 - 18,915 / 5,707 - 5,665 levels are support for the day. Any breach below 5745 level would intensify the selling pressure.
For Intraday Trading On Monday market is expected to open either flat or positive. Until, Nifty manages to breakout above 5,800 levels, volatility may be seen in 5,700-5865 range. On Monday if indices trade above 19180 / 5775 levels then they are likely to test 19300-19420 / 5,835 - 5,860 levels. On the downside, 19,020 - 18,925 / 5,700 - 5,670 levels are support for the day. Any breach below 5670 level would intensify the selling pressure.
It was good opening in Indian Stock Markets today but the best part is its closing. It hold the same bullish position whole the day. Both benchmark indices traded positive and closed in green with huge gains.
Nifty has a immediate resistance at........
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The best investment ideas for 2014 are few and far between, with no single best investment in sight. The worst ideas for the average investor could be found in BOTH stock funds and bond funds. Has the bond bubble created a stock bubble for 2014?