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Nifty Support & Resistance Levels for Today-

NIFTY TREND Consolidate

NIFTY SPOT LEVELS         

SUPP 1: 8230: SUPP 2: 8165

RES 1: 8325: RES 2: 8380

CH BANK NIFTY TREND – CONSOLIDATE

BANK NIFTY FUTURE LEVELS

SUPP 1: 18835: SUPP 2: 18560

RES 1: 19080: RES 2: 19290

The market has opened on a positive note. The Sensex is up 104.29 points at 27611.83 and the Nifty is up 32.40 points at 8316.40. About 715 shares have advanced, 164 shares declined, and 884 shares are unchanged. Key benchmark indices edged higher in early trade. The barometer index, the S&P BSE Sensex was currently up 189.47 points or 0.69% at 27,697.01.

The market breadth indicating the overall health of the market was strong. PSU OMCs slipped after the government after market hours yesterday, 1 January 2015, decided to increase basic excise duty on petrol and diesel (both branded and unbranded) by Rs 2 per liter. The CNX Nifty was up 53.65 points or 0.65% at 8,337.65. The index hit a high of 8,340.45 in intraday trade. The index hit a low of 8,288.70 in intraday trade.

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