Wednesday, 18 December 2013

Nifty Newsletter/ Nifty future Tips/ Nifty Stock/ Stock Market Nifty/ Nifty Trading / Share Market for 18th Dec 2013

Market levels for Nifty:

Today nifty index has a stiff resistance at 6161 Once if it manages to cross 6161, it might reach 6176 and 6192 too. Above those levels, bulls may take nifty to 6209 and even 6228 levels.
On the other side, below 6118 level, nifty may be dragged down to 6103 by bears. More action can be seen only below 6087. Once if nifty manages to cut 6087, it may touch 6070. Final support for bulls acting at 6052 level.

Sectors looking bullish

1. Consumer Durables
2. Oil and Gas

Sectors looking bearish

1. Teck
2. IT
3. Realty


• Apollo LogiSolutions raises Rs 485 cr from Piramal.
• ICICI Bank-led consortium completes Rs 16,189-crore asset resolution.
• Sebi asks mutual funds to hone due diligence, playing on debt funds

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