Friday, 31 May 2013

Nifty Newsletter/ Nifty future Tips/Nifty Stock/Stock Market Nifty/ Nifty Trading/Share Market for 31st May 2013

Market levels for Nifty:

Today NIFTY index will have quite stiff resistance at 6140. If it manages to cross 6140, it may reach 6154 and 6169. If it Happens then bulls may take nifty to 6185 and 6201 levels.

It can take on other side, below 6109 level, nifty may be dragged down to 6095 by bears. One can see some more action below 6080. If nifty manages to cut 6080, it may touch 6064. Support for bulls acting at 6049 level.

Sectors looking bullish

1. Pharma

2. IT

3. Oil&Gas

Sectors looking bearish

1. Bankex

2. CD

3. Auto

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SELL OPTO CIRCUIT BELOW 44.5 TARGETS-43.5, 42.5, 40.5 SL-46.5


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Government initiates probe on steel items from Brazil, China.

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