Nifty & Bank Nifty Support Levels:
NIFTY TREND: BULLISH
NIFTY SPOT LEVELS
SUPP 1: 8045; SUPP 2: 7975
RES 1: 8150; RES 2: 8215
BANK NIFTY TREND - BULLISH
BANK NIFTY FUTURE LEVELS
SUPP 1: 15980; SUPP 2: 15750
RES 1: 16480; RES 2: 16750
The market has started to slide in opening itself on weak
global cues. The Sensex is down 127.53 points at 26933.51, and the Nifty slips
35.15 points at 8070.35. About 458 shares have advanced, 369 shares declined,
and 38 shares are unchanged. GAIL, ONGC, Sesa Sterlite, SBI, Reliance fall
around 1 percent. Cipla, Bajaj Auto, TCS, Wipro and Dr Reddy's Labs are top
gainers in the Sensex.
Key benchmark indices edged lower in early trade as weakness in Asian stocks dampened sentiment. The barometer index, the S&P BSE Sensex slipped below the psychological 27,000 level in opening trade. The Sensex was currently down 193.93 points or 0.72% at 26,867.11. The market breadth indicating the overall health of the market was positive.
Key benchmark indices edged lower in early trade as weakness in Asian stocks dampened sentiment. The barometer index, the S&P BSE Sensex slipped below the psychological 27,000 level in opening trade. The Sensex was currently down 193.93 points or 0.72% at 26,867.11. The market breadth indicating the overall health of the market was positive.
The index dropped 196.65 points at the day's low of 26,864.39 in early
trade. The index fell 62.97 points at the day's high of 26,998.07 in opening
trade. The CNX Nifty was down 54.60 points or 0.67% at 8,050.90. The index hit
a low of 8,846.65 in intraday trade. The index hit a high of 8,077.30 in
intraday trade.
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GOOD MORNING NIFTY SPOT TREND- CONSOLIDATE RES1:7980 RES2:8065 SUPP1:7810 SUPP2:7750 STRATEGY- BUY ON DIPS
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