Posts
MTECHTIPS:-NIFTY
Nifty gave a positive opening on Tuesday and the index tested crucial resistance levels in early trade, but the gains were cut short by selling at higher levels. The index witnessed sustained profit taking at higher levels, and the markets closed with small gains for the day.Nifty after a gap up opening made a high of 4899 but this high could not be sustained and the markets closed at 4863. Today Nifty has to sustain and hold 4845 levels and above 4890 only 4950 and 5000 levels can be witnessed. However if nifty fails goes below 4845 fresh correction would start and levels of 4770 & 4700 would become possible. The southwest monsoon has arrived over Kerala, India Meteorological Department announced this morning. Now Monsoon Stocks like RALLIS, GSFC, COROMANDEL, DEEPAKFERTILIZER, M&M, HUL, EMAMI, ESCORTS,
ZYDUSWELLNESS, ITC could see buying.
Nifty gave a positive opening on Tuesday and the index tested crucial resistance levels in early trade, but the gains were cut short by selling at higher levels. The index witnessed sustained profit taking at higher levels, and the markets closed with small gains for the day.Nifty after a gap up opening made a high of 4899 but this high could not be sustained and the markets closed at 4863. Today Nifty has to sustain and hold 4845 levels and above 4890 only 4950 and 5000 levels can be witnessed. However if nifty fails goes below 4845 fresh correction would start and levels of 4770 & 4700 would become possible. The southwest monsoon has arrived over Kerala, India Meteorological Department announced this morning. Now Monsoon Stocks like RALLIS, GSFC, COROMANDEL, DEEPAKFERTILIZER, M&M, HUL, EMAMI, ESCORTS,
ZYDUSWELLNESS, ITC could see buying.
No comments:
Post a Comment