AGAIN A BOUNCE EXPECTED BUT SUSTAINING WIL BE PROBSSSSSSSS
MARKETS ARE EXPECTED TO BOUNCE FROM CURRENT LEVELS. BUT THERE IS A PROBLEM OF SUSTAINING THERE. THE MARKETS WIL BE +VE ON ACCOUN OF GLOBAL QUES ONLY. OVERNIGHT POSITIONS TO BE SEEN QUITE RISKY.
NIFTY VIEW :
NIFTY CLOSE : 4356
SUPPORTS : 4335 , 4300
RESISTANCES : 4365 , 4390 , 4425 , 4440
TAKE VERY STOCK SPECIFIC APPROACH & IF U HAVE BUYING POSITION THE KEEP TRAILING STOP LOSSES.
TAKE CARE IN OVERNIGHT POSITIONS
GOOD DAY, HAPPY INVESTING
POST CLOSING UPDATES :
MARKETS CLOSE TO OUR RESISTANCE FOR NIFTY 4400 , MARKETS WERE UNABLE TO SUSTAIN AT HIGHER LEVELS AS WE SAW SOME SELLING PRESSURE. THE TOP GAINERS WERE IFCI FROM RS 50 TO RS 61 JUST IN 5 OR MORE TRADING SESSIONS. IFCI HAS MEETING TOMM REG STAKE SALE @ 85 TO BARCLAYS BANK. THE COMPANY IS DENYING THE NEWS BUT ITS CONFIRMED INTERNALLY.
NO OVERNIGHT POSITIONS AS CAUTIOUS OUTLOOK.
LETS HAVE PHOTO SESSIONS OF MARKETS ( SENSEX PHOTO )
