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| Free Equity Tips |
Indian
Equity markets started saw a gap up opening but market dint hold gains for a
long time, as day progressed markets witness profit booking on fears that Fed
tapering, which will begin in January, may impact inflow of overseas money.
Banking and Capital goods saw some pain in today's trading session. IT and
Healthcare provided some respite to market and ended higher by more than 1%.
Now we have outcome of two major events one was RBI policy and Second was Fed
weather it will do tapering or not.
Nifty will be in this range of 100-200 with volatile swings. For Nifty to see a trending move Nifty needs to close above 6350 on weekly basis or else close below 6050 on weekly basis. For intraday, Nifty has strong support around 6130 on downside and next support is around 6095. On upside Nifty has 6220-6245.
The market maintained its northward journey supported by oil and gas, banks, technology and auto stocks. The Sensex climbed 90.79 points to 20,799.41, and the Nifty rose 24.90 points to 6,191.55 while the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.7 percent each. More than two shares advanced for every share falling on the BSE.
Nifty will be in this range of 100-200 with volatile swings. For Nifty to see a trending move Nifty needs to close above 6350 on weekly basis or else close below 6050 on weekly basis. For intraday, Nifty has strong support around 6130 on downside and next support is around 6095. On upside Nifty has 6220-6245.
The market maintained its northward journey supported by oil and gas, banks, technology and auto stocks. The Sensex climbed 90.79 points to 20,799.41, and the Nifty rose 24.90 points to 6,191.55 while the broader markets outperformed benchmarks with the BSE Midcap and Smallcap indices rising 0.7 percent each. More than two shares advanced for every share falling on the BSE.
Money Capital Height Research Pvt Ltd helps you to understand the stock market by providing equity tips, commodity, nifty, option and future tips. With extensive research of past cycles, you can start to see the pattern, what it is based on how to use it to forecast the stock prices. Feel free to visit www.capitalheight.com/stock-cash-premium.php or call at +91 - 731 - 6615050
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