BSE Sensex
18979.76
Major Support
18857 – 18847 – 18567
Major Resistance
19117 – 19297 – 19392
NSE Nifty
5592.95
Major Support
5554 – 5552 – 5448
Major Resistance
5625 – 5705 – 5754
View –
The markets opened with a gap up opening and continued to trade flat during the day. Beaten down stocks witnessed buying and a bounce back in the stocks. At current levels the markets are vulnerable to slightest of negative news. At all high levels from here the indices may face resistance. Individual stocks may hog the limelight. It is the last day of the week and the next week is a truncated week with holiday on Monday.
As of levels watch support @ 18857 for the Sensex and 5554 for the Nifty. On the higher side the markets would rally only if they manage to open flat and cross the highs made yesterday. Watch this resistance coming in @ 19117 for the Sensex and 5625 for the Nifty.
Investors should hold a scrip specific view. Traders should start the day with Trading Assist and later move on to Intraday Action Viewer and later the Option strategy.
Steps to read ‘MARKET VIEW’ on any mobile phone with a working internet connection –
1. Open the internet browser on your mobile phone.
2. Save this link as a bookmark - www.rpshares.com
3. Click on the link and you can read the Market View in your hand.
Happy Investing & Happy Educating!
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