Nifty for Tomorrow

Nifty for Tomorrow

priyasharma 04 Apr 2016 12:45

Again, it was a solid day for the bulls, POSITIVE GLOBAL CUES and RBI policy review lift stock market toward its positive closing as the Sensex 130 points and Nifty settles above 7,750 supported by gains in IT, realty, power, banks, auto, and telecom stocks.

For Nifty,7,750- 7,770 will be an important level.As long as the index trades above this level, chances of an uptrend will remain in. However, below this level, Nifty might retest the support of 7,701.

Stock Market Quiet Day Ahead of RBI policy review

priyasharma 05 Apr 2016 13:03

Stock markets have had trouble gaining momentum over the opening Pre Market is down again this morning disappointed because its 25 bps cut to 6.5 per cent.

For Nifty tomorrow 7,597 will be lower support for the index.Watch if Nifty finds support at lower levels after a negative opening. That will happen only if global markets improve for any reason. In that case a range bound session will take place. If that support does not appear then a negative intraday trend is possible in Nifty and rest of the Indian markets.

Nifty Tomorrow tips by Online share trading tips

priyasharma 06 Apr 2016 13:18

The indian stock market had a tough session yesterday and today itself It was a down day although in early session the markets have opened with green numbers rallying over 100 points but later in the session market tumbled in a sell-off and could not get through the highs ended the day with a flat closing.

For Nifty tomorrow 7600 will be a crucial support If this support holds, then some hope of a range bound session will stay alive. If Nifty once again falls below this support then it can head back to lower levels of 7,549 and then 7,495.