Friday, 4 March 2016

Nifty Support & Resistance level Today

Technical Outlook:
Nifty Trend: Bullish
Nifty Spot Levels
Supp 1: 7325; Supp 2: 7240
Res 1: 7420; Res 2: 7490
Bank Nifty Trend: Bullish
Bank Nifty Future Levels
Supp 1: 14850; Supp 2: 14480
Res 1: 15360; Res 2: 15780

Nifty Future Up  41 @7401
Bank Nifty Future Up  60@15184
Sensex Up  140@24383
INR 67.41

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Bumper rally continued for third consecutive session Thursday, taking the Nifty to one-month closing high on value buying post Union Budget. Nifty future up 88 points at 7449.
The 30-share BSE Sensex up by 364 points at 24606. The market breadth was strong as about 1717 shares advanced against 922 declining shares on the BSE.
Yes Bank acquired 5,00,750 equity shares of Institutional Investor Advisory Services (IiAS) from BSE Limited which is equivalent to 5.006 percent of the paid-up capital of the company.

Asian shares were trying to string together three sessions of gains on Thursday as upbeat data on US jobs and gains for a range of commodities whetted risk appetites globally.
Energy and bank stocks led Wall Street higher on Wednesday, adding to a rally in the previous session, after strong jobs data dispelled concerns over the health of the US economy.
The Dow Jones industrial average rose 34.24 points to 16899, the S&P 500 gained 8.1 points to 1986 and the Nasdaq Composite added 13.83 points to 4703.

1 comment:

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