Nifty Future rallied in the previous session and was able to sustain above 5100 for most part of the session but faced resistance near 5150 and finally settled on a flat note. Inflation data is eyed in today’s session due to which volatile movements are expected. Overall, in the coming two sessions of this week 5170 is still seen as stiff resistance. While any fall below 5080 can be a weak sign for nifty below which it may slip towards 5020.
TREND: SIDEWAYS
SUPPORT : 5080 & 5020 RESISTANCE: 5170 & 5230
Major Market News –
Sensex flat with positive bias; Capital Goods, FMCG lead.
RCom unit gets approval for IPO in Singapore.
Ashok Leyland to raise Rs 7.5 bn for expansion.
Fortis diagnostic arm SRL to get Rs 370 cr PE investment.
Reliance Capital gets nod for AMC stake sale.
For more information Click Here
Stock tips, Commodity tips
TREND: SIDEWAYS
SUPPORT : 5080 & 5020 RESISTANCE: 5170 & 5230
Major Market News –
Sensex flat with positive bias; Capital Goods, FMCG lead.
RCom unit gets approval for IPO in Singapore.
Ashok Leyland to raise Rs 7.5 bn for expansion.
Fortis diagnostic arm SRL to get Rs 370 cr PE investment.
Reliance Capital gets nod for AMC stake sale.
For more information Click Here
Stock tips, Commodity tips
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