Thursday, 27 March 2014

Live Nifty Future Tips For Profitable Trading



Indian markets ended on positive note tracking firm global cues and a strong currency amidst robust foreign fund inflows. Metal stocks remained in demand. Market Volatility is likely to be spike as traders will roll over their positions in F&O segment. The Sensex closed up by 40 pts to 22095 and Nifty jumped by 11 pts to 6601. European stocks up.

 The CNX Nifty was up 7.60 points or 0.12% to 6,609. The index hit a high of 6,618.80 in intraday trade. The index hit a low of 6,599.50 in intraday trade.The market breadth, indicating the overall health of the market, was strong. On BSE, 689 shares gained and 248 shares fell. A total of 36 shares were unchanged.

Among the 30-share Sensex pack, 19 stocks gained and rest of them declined.Tata Power Company (up 1.16%), SBI (up 0.9%) and Hindalco Industries (up 0.83%) edged higher from the Sensex pack.

 The market opened flat but the Nifty managed to hold the 6600 level on March F&O series expiry day. The Nifty is up 2.10 points at 6603.50.

Nifty Support Levels For Today-
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6565: SUPP 2: 6480
RES 1: 6665: RES 2: 6730
CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 12130: SUPP 2: 11880
RES 1: 12680: RES 2: 12950
       
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