The market may edge lower in early trade on weak Asian stocks. Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could fall 20 points at the opening bell. Asian stocks fell on Wednesday led by Japanese stocks with investors awaiting US job data later this week that may provide further evidence as to when the Federal Reserve will reduce stimulus.
Nifty futures on the Singapore Exchange are 0.5 percent lower, while the MSCI-Asia Pacific excluding Japan index is down 0.48 percent.
Today’s Nifty Market Support Level:
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6115
SUPP 2: 6045
RES 1: 6225
RES 2: 6270
Today’s Bank Nifty Support Level:
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 10820
SUPP 2: 10650
RES 1: 11270
RES 2: 11450
Latest Nifty Tips Calls:
BUY BANK NIFTY FUTURE ABOVE 11238 TARGET 11268-11300-11360 WITH SL 11110
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