Nifty Trend-25/01/2013
Markets opened with negative sentiments and fell towards its major support level but recovered after the positive European opening. Nifty future took a strong pull back from its crucial point of 6030 towards the immediate resistance of 6060. However, index could not hold on higher levels and closed in red territory. Overall, nifty will remain upside till it maintains above 6000. While 6110 is still acting as important resistance and 5950 as major support.
January 24th, 2013 
admin 
TREND: SIDEWAYS
SUPPORT : 5990 & 5950
RESISTANCE: 6070 & 6110
Major Market News:
- Sensex ends down over 100 points; Tata Motors, GAIL plunge.
- Andhra Bank Q3 profit down 15% to Rs 257cr.
- L&T net up 13 pc to Rs 1,121.75 cr in Oct-Dec.
- Tata Motors tumbles 7% on JLR margin warning.
- IVRCL plunges 20% on corporate governance.
0 comments:
Post a Comment