Market levels for Nifty:
Today nifty index has a stiff resistance at 6123. Once if it manages to cross 6123, it might reach 6138 and 6154 too. Above those levels, bulls may take nifty to 6171 and even 6189 levels.
On the other side, below 6091 level, nifty may be dragged down to 6076 by bears. More action can be seen only below 6060. Once if nifty manages to cut 6060, it may touch 6043. Final support for bulls acting at 6025 level.
Sectors looking bullish
1. Healthcare
2. Auto
3. FMCG
Sectors looking bearish
1. IT
2. Metal
3. Consumer Durables
2 comments:
On Friday consolidation trend finished in positive zone and next movement will depend on GDP data, Get all market updates and trading idea here TOMORROW STOCK TIPS and CALL PUT TIPS
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CORIANDER
Coriander futures ended weak on profit booking after rising in the recent trading sessions. As per market source,
coriander acreage in the rabi season is estimated to fall 5-10 percent this year in Rajasthan as heavy rains in the last 3-
4 weeks in the state has further slowed sowing. According to data from IMD, rainfall in west Rajasthan during Oct 1-
Nov 13, the peak season for sowing of the spice, was 10.6 mm, 64 percent above normal, while rainfall in east
Rajasthan was 30.5 mm, 55 percent above normal.
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