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Markets continued their winning streak to end nearly 1% on Friday tracking firm global cues. The Sensex, after touching a high of 18,423.06 in the morning, slipped to a low of 18,234.56. The index finally ended up 135.36 points at 18,289.35. Nifty crossed the 5,600 mark and finally ended at 5,564.30 with up 42.35 points……..

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Nifty Call of the Day

CALL : BUY BANKBARODA FUT ABOVE 836 TARGETS 840/845/850 SL 831.50.

CALL : SELL FORTIS EQ. BELOW 109 TARGETS 107.90/106.60/105.20 SL 110.20.

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Nifty Trend

Nifty future had a cautious start for the week on back of mixed global cues. It slipped towards the support of 5370 and then positive opening of European markets supported nifty to close above 5400. Low volumes were witnessed in yesterday’s session. It needs to cross the strong resistance level of 5455 with good volumes to continue the bull trend. On the other hand, if it breaches 5350 ………click here

Nifty Weekly

Markets showed positive momentum for the sixth consecutive week and nifty future was able to breach 5400 level. Now, it is at very crucial level. If bulls continue then it is likely to face stiff resistance in the range of 5450-5550. While global outlook suggests some weakness in Indian markets as well then strong support is seen around…….click here

Nifty Updates

Weak IIP data dragged markets on their support levels. Nifty future found support at 5350 and closed in red territory at 5397. Slight decrease in open interest of 3.7% indicates profit booking on higher levels.  Global markets ended in weak zone on Friday which indicates some weakness in Indian markets as well. If it does not sustain above 5400 ………..click here

Nifty Trend  

Markets showed positive opening on supportive global cues. Nifty future saw a volatile session where it touched intraday high of 5424 but could not close above 5400. Since last three consecutive sessions it is finding support near to 5330. If it breaks this level then selling pressure is expected below 5300 which can drift it towards 5250. However, if it sustains above 5440 then…..Click here

Nifty Trend

Nifty future opened at the crucial level of 5400 but could not maintain on higher levels and it drifted down towards the support level of 5340. Increase in OI of 4% was seen in yesterday’s session. Now, if it remains below 5400 then a short term reversal is expected. Weak Global cues may further plunge nifty towards lower side. 5300 is seen as immediate support for it. If it surpasses……Click Here

GOLD APR : SIDEWAYS

RESISTANCE 2 :28300

RESISTANCE 1 :28130

SUPPORT 1 :27800

SUPPORT 2 :27600

SILVER MAR. : SIDEWAYS

RESISTANCE2 :58400

RESISTANCE1 :57500

SUPPORT1 :55650

SUPPORT2 :54600

COPPER FEB. : SIDEWAYS

RESISTANCE2 :427

RESISTANCE1 :422

SUPPORT1 :415

SUPPORT2 :411

CRUDE FEB : DOWN

RESISTANCE2 :4860

RESISTANCE1 :4810

SUPPORT1 :4740

SUPPORT2 :4650

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Nifty Trend

Markets started the week with gap up opening on back of favorable cues from global as well as domestic events. Nifty future found resistance around the crucial level of 5400. If it is able to sustain above this crucial level in today’s session then this bull rally may find resistance near to 5460-5500. There was increase of 10.7% in OI which indicates build up of new positions. On lower levels, if it breaks 5300 then correction is expected from these levels where 5230 is seen as support for it.

TREND: UP…………………Click here