Thursday, April 11, 2013

Nifty Predictions for Tomorrow 12 April 2013

Benchmark indices rose for the second consecutive session Thursday, even as the market was divided on whether the gains could be sustained in the face of weak macro economic data and tepid corporate earnings growth.

The Sensex closed at 18542, up 127 points over the previous close, and the Nifty rose 35 points to close at 5594. Realty, IT and banking shares were the best performers, while metal, power and oil & gas shares struggled.

Trading Recommendations By Experts :-

We could see some pullback but I don’t think people really believe that it will sustain. So, anything closer to about 5600-5620 will see selling coming in. If it sustains above that level, though I doubt it would, only then should people should go out and buy

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Posted By Commodity MCX Tips