Dear visitors,
Sorry! I could not update regularly due to personal reasons. I am sorry! Visitors please bear with me!
STOCK MARKET TODAY
Today nifty had a gap up opening and not faded. Volume was good. FII’s were net buyers for 1400-odd crores. Technically in the price chart an up trend pattern had formed. Positive IIP data had helped market to sustain the 5000 levels, I understand so. 5130-5160 levels is strong resistant for nifty. Would nifty able to cross this area with good volume and global cues be positive then we might see nifty around 5300 levels!
STOCK MARKET TREND FOR THURSDAY
Technically tomorrow I expect a bull trend. Would inflation and global cues be positive, then we may see nifty hitting 5200 levels. 5130-5160 levels is the crucial levels to watch. I suggest visitors to buy nifty only above 5160 levels for a target 5250.
NIFTY LEVELS
BUY ABOVE - 5160
TARGET 1 - 5207
TARGET 2 - 5250
Thanks for visiting!