Wednesday, 28 January 2015

Latest Nifty Opening Market News With Trends



Nifty Support Levels for Today-
NIFTY TREND CONSOLIDATE
NIFTY SPOT LEVELS         
SUPP 1: 8850: SUPP 2: 8760
RES 1: 8945: RES 2: 9010
CH BANK NIFTY TREND – BULLISH
BANK NIFTY FUTURE LEVELS
SUPP 1: 20235: SUPP 2: 20060
RES 1: 20680: RES 2: 20920

About of volatility was seen in early trade as the key benchmark indices once again drifted lower after reversing initial decline to briefly turn positive. The barometer index, the S&P BSE Sensex was currently down 42.08 points or 0.14% at 29,528.96. The market breadth indicating the overall health of the market was positive.

Indian stocks may remain volatile in the near future as traders roll over positions in the futures & options (F&O) segment from the near month January 2015 series to February 2015 series. The near month January 2015 derivatives contract expire on Thursday, 29 January 2015. The CNX Nifty was down 13.80 points or 0.15% at 8,896.70. The index hit a high of 8,909.55 in intraday trade. The index hit a low of 8,893.80 in intraday trade.

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