Tuesday, 2 September 2014

Today Nifty Support Levels & Market News by Money CapitalHeight



Nifty Support Levels for Today-
NIFTY TREND: BULLISH
NIFTY SPOT LEVELS    
SUPP 1: 7980: SUPP 2: 7910
RES 1: 8085: RES 2: 8150
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 15780: SUPP 2: 15450
RES 1: 16280: RES 2: 16550
After hitting record high, the market has once again opened on a strong note Tuesday. The Sensex is up 63.58 points at 26931.13 and the Nifty up 17.30 points at 8045. About 694 shares have advanced, 172 shares declined, and 21 shares are unchanged.
           The Nifty is likely to consolidate on Tuesday amid profit taking in Asian markets. The narrowing of current account deficit to 1.7 per cent of GDP should support the rupee and will attract foreign buying. Asian stocks were mixed today, 2 September 2014.
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