Tuesday, 27 January 2015

Watch Nifty Opening Market News And Its Trends



Nifty Support & Resistance Levels for Today-

NIFTY TREND Consolidate
NIFTY SPOT LEVELS         
SUPP 1: 8780: SUPP 2: 8710
RES 1: 8885: RES 2: 8960
CH BANK NIFTY TREND – BULLISH
BANK NIFTY FUTURE LEVELS
SUPP 1: 19935: SUPP 2: 19660
RES 1: 20280: RES 2: 20420

The market has picked up pace as the Sensex is up 107.47 points at 29386.31. The Nifty is up 13.75 points at 8849.35. About 1015 shares have advanced, 570 shares declined, and 201 shares are unchanged. Key benchmark indices trimmed gains after an initial up move. The barometer index, the S&P BSE Sensex, and the 50-unit, CNX Nifty, both scaled record high at onset of the day's trading session. The S&P BSE Sensex was currently up 68.23 points or 0.23% at 29,347.07. The market breadth indicating the overall health of the market was strong.

The market 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 up 9.50 points or 0.11% at 8,845.10. 

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