Monday, October 8, 2012

Nifty Tomorrow : Share Market Trend 9 October

Market today was mixed and bad for BSE Sensextoday it fell by over 229 points to close at 18,708.98, its lowest in 10 days. From last some days Sensex was in uptrend and was giving up signals, touched all time highs too, but 8 October proved to be a dull day for Sensex. NSE Nifty index ended 70.95 points down or 1.23 per cent at 5,676. Selling pressure in heavyweights led to fall of over 1 % today. 

Nifty Predictions For Tomorrow :- 

Nifty outlook for tomorrow is negative with downside target 5625 and 5540. On the other hand, 5510 is a major resistance on upside and put stop loss above it for short positions. Above 5710 next major resistance will be 5795.

Nifty Futures Tips for 9 October :-

Intraday traders are recommended to keep selling stance with stoplos above 5710 spot and intraday target is expected at 5625-5600

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Posted By Commodity MCX Tips