Market levels for nifty:
Today NIFTY index will have quite stiff resistance at 5874. If it manages to cross 5874, it may reach 5890 and 5905. If it Happens then bulls may take nifty to 5919 and 5933 levels.
It can take on other side, below 5830 level, nifty may be dragged down to 5816 by bears. One can see some more action below 5801. If nifty manages to cut 5801, it may touch 5784. Support for bulls acting at 5770 level.
Sectors looking bullish
1. Auto
2. FMCG
3. Metal
Sectors looking bearish
1. Bankex
2. IT
3. Reality
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As the US dollar index rebounded past 96, LME copper dropped to a low of $6,221.5/mt on Monday.
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