Thursday 22 May 2014

Live Nifty Future Trading Tips By Money CapitalHeight



The market has opened at a slightly higher level. The Sensex is up 114.17 points at 24412.19, and the Nifty is up 37.05 points at 7289.95. About 645 shares have advanced, 65 shares declined, and 14 shares are unchanged.

Key benchmark indices trimmed initial gains triggered by positive Asian stocks. The S&P BSE Sensex was up 70.60 points or 0.29%, off 65.97 points from the day's high and up 20.84 points from the day's low. The market breadth, indicating the overall health of the market.Asian stocks edged higher on Thursday after Federal Reserve meeting minutes showed policy makers see a muted risk of inflation from continued US stimulus and a China manufacturing gauge rose to a five-month high in May.

The index gained 136.57 points at the day's high of 24,434.59 in early trade. The index rose 49.76 points at the day's low of 24,347.78 in early trade. 

The CNX Nifty was up 14.15 points or 0.2% to 7,267.05. The index hit a high of 7,298.35 in intraday trade. The index hit a low of 7,258.15 in intraday trade. 

The market breadth, indicating the overall health of the market, was strong. On BSE, 1,265 shares gained and 278 shares fell. A total of 36 shares were unchanged. 

Nifty Support Levels for Today-
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 7185: SUPP 2: 7110
RES 1: 7315: RES 2: 7380    

CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 14950: SUPP 2: 14680
RES 1: 15480: RES 2: 15750


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