Tuesday, 18 August 2015

Nifty Market News & It’s Trend

https://encrypted-tbn3.gstatic.com/images?q=tbn:ANd9GcSVig4BgTfc0paEY5GDhdpSGLB69NRKTAGcEiuqdR2RAKpfUmAcNifty Market News & It’s Trend
The major Asian stock markets have opened the day on a negative note with market in China (down 1.5%) and Indonesia down (down 1.1%) being the top losers in the pack. The major European indices ended their previous session in red, while US stock markets ended the day on a firm note.
The rupee trading is closed today on account of Parsi New Year.
Indian stock markets have opened strong, BSE-Sensex is trading up by 122 points (up 0.4%) and NSE-Nifty is trading up by 35 points (up 0.4%). 
Nifty Support & Resistance Level
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 8430
SUPP 2: 8355
RES 1: 8545
RES 2: 8610
Sensex, Nifty maintain uptrend;
The market continued to see buying interest amid consolidation.
The Sensex gained 118.88 points at 27997.15 and the Nifty rose 35.20 points to 8512.50, led by technology, pharma, capital goods and metals stocks.

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