Markets traded on a flat note with negative bias ahead of F&O Expiry and Q4 GDP data. Nifty Future moved in the tight range of 4960-4930 for the whole session. If it sustains above 4900 then immediate resistance is found around 4970 while 5015 will act as strong resistance. Amid volatility is expected due to May expiry series. However, if it falls below 4900 mark then we expect to trade nifty in the support range of 4875-4840.
TREND: SIDEWAYS
SUPPORT : 4875 & 4840 RESISTANCE: 4970 & 5015
Major Market News –
Sensex down 46 points; Tata Motors plunges 11%.
Colgate Palmolive Q4 profit climbs 15%.
Havells Q4 profit climbs 35.6%.
United Spirits Q4 profit plunges 83.3%.
Tata Motors sinks on weak JLR margin.
ONGC stock up 2% on robust Q4 earnings.
For more information Click Here
Stock Tips, Commodity Tips
TREND: SIDEWAYS
SUPPORT : 4875 & 4840 RESISTANCE: 4970 & 5015
Major Market News –
Sensex down 46 points; Tata Motors plunges 11%.
Colgate Palmolive Q4 profit climbs 15%.
Havells Q4 profit climbs 35.6%.
United Spirits Q4 profit plunges 83.3%.
Tata Motors sinks on weak JLR margin.
ONGC stock up 2% on robust Q4 earnings.
For more information Click Here
Stock Tips, Commodity Tips
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