Market levels for Nifty:
Today NIFTY index will have quite stiff resistance at 6122. If it manages to cross 6122, it may reach 6136 and 6151. If it Happens then bulls may take nifty to 6168 and 6184 levels.
It can take on other side, below 6090 level, nifty may be dragged down to 6076 by bears. One can see some more action below 6061. If nifty manages to cut 6061, it may touch 6045. Support for bulls acting at 6032 level.
Sectors looking bullish
1. Pharma
2. CD
3. Power
Sectors looking bearish
1. FMCG
2. IT
3. Bankex
5 comments:
May 13, 2013 Markets are weak & Indian stock market Nifty below range of 6100 & indian currency has been down equity market tips & cash tips
BUY Allahabad Bank Intraday Target 125/127/129 Stop Loss 120 Last Traded at 123.85
BUY TVS Motor Company Ltd. Intraday Target 41/43 Last Traded at 39.80
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Indian stock market today fallen of big Pts., Nifty closed at 5980 & sensex 19,691 & Buy and Sell call of 14 May
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