The market may edge lower in early trade on weak Asian stocks. Inflation based on the combined consumer price index (CPI) of urban and rural India rose 9.87% in December 2013, slower than market expectations. The data was out after market hours on Monday, 13 January 2014.
The CNX Nifty was down 2.05 points or 0.03% to 6,270.70. The index hit a high of 6,280.35 in intraday trade. The index hit a low of 6,259.70 in intraday trade.
Nifty Market Support Level For Today:
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6245
SUPP 2: 6160
RES 1: 6330
RES 2: 6410
Bank Nifty Market Support Level For Today:
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 10950
SUPP 2: 10790
RES 1: 11280
RES 2: 11620
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