Monday 12 August 2013

Nifty Newsletter/ Nifty future Tips/Nifty Stock/Stock Market Nifty/ Nifty Trading/Share Market for 12th Aug 2013



Market levels for Nifty:

Today NIFTY index will have quite stiff resistance at 5584. If it manages to cross 5584, it may reach 5599 and 5616. If it Happens then bulls may take nifty to 5631 and 5645 levels.

It can take on other side, below 5540 level, nifty may be dragged down to 5526 by bears. One can see some more action below 5511 If nifty manages to cut 5511, it may touch 5495. Support for bulls acting at 5482 level.

Sectors looking bullish

1. Metal

2. CD

3. Oil & Gas

Sectors looking bearish

1. FMCG

2. Power

3. Auto

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