Wednesday, 7 May 2014

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The market is still flat. The sensex is down 34.83 points at 22473.59 and the nifty is down10.90 points at 60704.40.About 817 shares have advanced 699 shares declined and 84 shares are unchanged.

Key benchmark indices edged lower amid initial volatility as weakness in Asian stocks dampened sentiment. The barometer index, the S&P BSE Sensex, was down 12.59 points or 0.06%, up about 25 points from the day's low and off close to 45 points from the day's high. The market breadth, indicating the overall health of the market, was positive.

The CNX Nifty was down 7.80 points or 0.12% to 6,707.50. The index hit a low of 6,703.05 in intraday trade. The index hit a high of 6,718.75 in intraday trade.

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: 6580
RES 1: 13280:RES 2: 13550

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