Friday, 2 May 2014

Nifty Future Tips With Its Todays News


The Nifty is likely open in the green as indicator SGX Nifty was trading at 6749.00 up 29 points.

Key benchmark indices edged higher in early trade tracking firmness in Asian stocks. The barometer index, the S&P BSE Sensex was up 122.51 points or 0.55%, up about 45 points from the day's low and off close to 35 points from the day's high. The market breadth, indicating the overall health of the market, was strong.

The S&P BSE Sensex was up 122.51 points or 0.55% to 22,540.31. The index rose 157.82 points at the day's high of 22,575.62 in early trade. The index gained 75.79 points at the day's low of 22,493.59 in early trade. 

The CNX Nifty was up 29.45 points or 0.44% to 6,725.85. The index hit a high of 6,737.65 in intraday trade. The index hit a low of 6,709.95 in intraday trade. 

The market breadth, indicating the overall health of the market, was strong. On BSE, 834 shares gained and 295 shares fell. A total of 52 shares were unchanged.

Nifty Support Levels for Today-
NIFTY TREND: CONSOLIDATE
NIFTY SPOT LEVELS
SUPP 1: 6665:SUPP 2: 6580
RES 1: 6785:RES 2: 6850

CH BANK NIFTY TREND – CONSOLIDATE
BANK NIFTY FUTURE LEVELS
SUPP 1: 12850:SUPP 2: 12680
RES 1: 13280:RES 2: 13550

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