Thursday, 9 April 2015

Watch Nifty Market Status And Nifty Trends



Nifty Support & Resistance Levels for Today-

NIFTY TREND Consolidate
NIFTY SPOT LEVELS         
SUPP 1: 8645: SUPP 2: 8580
RES 1: 8785: RES 2: 8850
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 18380: SUPP 2: 18150
RES 1: 18780: RES 2: 19060


The market extended its rally after Moody's upgraded India's outlook to positive from stable. The Sensex climbed 161.63 points to 28869.38 and the Nifty jumped 41.80 points to 8756.20.Key benchmark indices edged higher in early trade after global rating agency, Moody's Investors Service today, 9 April 2015, changed India's outlook to positive, saying there was an increasing probability that actions by policy makers will enhance the country's economic strength and, in turn, the sovereign's financial strength over coming years. 

The barometer index, the S&P BSE Sensex was currently up 96.88 points or 0.34% at 28,804.63. The market breadth indicating the overall health of the market was strong. IT and realty stocks gained. The CNX Nifty was up 22.65 points or 0.26% at 8,737.05. The index hit a high of 8,759.90 in intraday trade. The index hit a low of 8,733.50 in intraday trade.

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