Monday, 24 March 2014

Nifty Future Trading Tips & News Updates For Today



Nifty Market News Updates-
The Nifty rose as much as 1.2 percent on Monday to a record high, surpassing its previous all-time high hit just last week, as lenders including ICICI Bank extended a recent rally on the back of strong foreign investor flows.

The Nifty rose to an all time high of 6,575.80 points, and was up 1.2 percent at 9:48 a.m., surpassing its previous all-time high hit on March 18.
The BSE Sensex also hit a record high at 22,046.58.

ICICI Bank gained 2.8 percent, while HDFC Bank rose 1.8 percent.
The CNX Nifty was up 56.25 points or 0.87% to 6,551.15. The index hit a high of 6,554.90 in intraday trade. The index hit a low of 6,510.50 in intraday trade.

Nifty Market Support Levels-
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6465 ; SUPP 2: 6380
RES 1: 6565 ; RES 2: 6620
BANK NIFTY FUTURE LEVELS
SUPP 1: 11880 ; SUPP 2: 11650
RES 1: 12380 ; RES 2: 12550

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