Wednesday, 7 August 2013

Nifty Newsletter/ Nifty future Tips/Nifty Stock/Stock Market Nifty/ Nifty Trading/Share Market for 07th Aug 2013

Market levels for Nifty:

Today NIFTY index will have quite stiff resistance at 5566. If it manages to cross 5566, it may reach 5581 and 5597. If it Happens then bulls may take nifty to 5613 and 5628 levels.

It can take on other side, below 5530 level, nifty may be dragged down to 5514 by bears. One can see some more action below 5501 If nifty manages to cut 5501, it may touch 5485. Support for bulls acting at 5469 level.

Sectors looking bullish

1. Pharma

2. CD

3. IT

Sectors looking bearish

1. Realty


3. Auto


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Rating Agency CARE Ratings has reaffirmed CARE A1+ rating on Shree Cements' Commercial Papers of Rs 300 crore.

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