Indian Markets could not hold near to their resistance levels rather showed choppy movements for the whole session. Although, Nifty future entered into positive terrain after European opening but faced stiff resistance at 5000 level and gave flat closing. To gain strength, it is essential to sustain above 5000 then it may lead towards the higher levels of 5085 while if it consolidates in the range of 4980-4930 then it may enter in the weak zone and may drag towards 4865.
TREND: SIDEWAYS
SUPPORT: 4930 & 4865 RESISTANCE: 5030 & 5085
Major Market News –
Sensex gains 105 points; Realty, IT rally.
Bajaj Electricals tanks on weak Q4 numbers, down 7%.
Engineers India Q4 profit rises 15%.
Indian Hotels Q4 profit drops 30.6%.
Fortis Healthcare gains on Q4 results, spinoff plans.
For more information Click Here
Stock Tips, Commodity Tips
TREND: SIDEWAYS
SUPPORT: 4930 & 4865 RESISTANCE: 5030 & 5085
Major Market News –
Sensex gains 105 points; Realty, IT rally.
Bajaj Electricals tanks on weak Q4 numbers, down 7%.
Engineers India Q4 profit rises 15%.
Indian Hotels Q4 profit drops 30.6%.
Fortis Healthcare gains on Q4 results, spinoff plans.
For more information Click Here
Stock Tips, Commodity Tips
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