Dear visitors,
I am sorry due to personal reasons I could not update weekly view. Sorry!!.
STOCK MARKET TODAY
Today global cues were positive and nifty had a gap up opening but faded today itself. Today European markets opened in negative region and traded in red. Due to this nifty closed in red. Technically in the price chart a bearish pattern had formed and tomorrow, would any bad news or global cues creeps then nifty may break the 5060 crucial support level. Volume was rather good. FII’s were net buyers for 275 crores.
STOCK MARKET TREND FOR TOMORROW
Global cues lead market tomorrow. 5140-5160 levels are to be watched for any long positions. Past three sessions nifty struggled to cross this levels. Lets see what happens tomorrow.
NIFTY LEVELS
BUY ABOVE - 5160
TARGET 1 - 5027
TARGET 2 - 5250
STOP LOSS 5140
THANKS FOR VISITING!