Thursday 31 January 2013

NIFTY BANK NIFTY TIPS AND MARKET OUTLOOK


MARKETWRAP


  •  Sensex closed up 0.07%@20005.00pts; Nifty raised 0.01%@6,055.90pts.

  •  European majors FTSE was up 0.19%, CAC & DAX were red more than 0.1%. 

  •  Asian market majors Hang Seng, Nikkei 225 & DAX was down 0.02%-0.17%. 






Sensex gained 14.10pts@20005.00; Nifty gained 5.85pts@6,055.90. Key equity benchmarks continued to trade within a tight range action was stock specific ahead of January F&O expiry, ending Wednesday's trade marginally in the green after RIL recovered from a four-session losing streak, ICICI Bank rose a day ahead of its results.


NIFTY OUTLOOK

   Trend: - CONSOLIDATE
   Resistance: - 6080,6140
   Support: - 6020, 5960
   Strategy: - Buy on Dips
  
BANK NIFTY OUTLOOK 


   Trend: - CONSOLIDATE
   Resistance: -12900,13000
   Support: -12690, 12590
   Strategy: - Buy on Dips

Rupees Update



The rupee on Thursday appreciated by 23 paise to trade at fresh three-month high of 

53.07 against the US dollar in early trade at the Interbank Foreign Exchange on sustained 

selling of the American currency by exporters and banks and increased capital inflows.

FOR COMMODITY TIPS VISIT
 09200009266


  



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