Nifty Trend Tomorrow 14 March 2013

Market Closing 13th March :-

The BSE benchmark Sensex today fell for the third straight day by losing 202 points to end at one-week low of 19,362.55 on sustained profit selling as foreign brokerages including Morgan Stanley cut India's FY'14 GDP forecast, amid a weakening global trend. After losing 118 points in the last two sessions, the Sensex dropped further by 202.37 points, or 1.03 per cent to 19,362.55 led by banking and financial stocks. This is the lowest since Sensex's closing of 19,252.61 on March 6.

Market Trend Tomorrow || Nifty Predictions :

Sensex and Nifty both gave a dull closing today, Sensex dragged more than 200 points. Nifty trend for tomorrow is expected to be down following the other Asian cues and world market updates.Nifty strong support is marked near 5700.

This has been considered as the buying area for tomorrow. Trade with caution !

Stock For Tomorrow :- ASIANPAINT bullish above 4600 SL 4400

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Nifty Intarady Tips: Market Trend For Tomorrow

Indian Share market ended Higher on today's trade. The stocks which led the market to green were realty, metal and banking stocks. Key indices closed with moderate gains amid strong global cues. Nifty of National Stock Exchange added 34.75 points to close at 4866. Nifty futures closed at 4886.00 up by 33.80 points.
Market seems like making a way for an upside rally. Trading above 4909 would initiate a bullish run in Nifty which may lead the market toward 4950-5000 levels. Nearest support is seen near 4840 level.

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NSE Market Updates: Intraday Nifty Levels for 3rd March

It was a buoyant day for the stock markets, with the S&P CNX Nifty lodging its highest single day gain of 189 points, it was the biggest rally posted by the benchmarks, especially after the UPA re-elected for the second time on May 18, 2009. The 50-share NSE Nifty gained 189 points, to shot shop at 5,522.

The NSE futures closed at 5543.85, up by 205.85 points or 3.86 %. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5590 above this level it would be in a bullish trend else below 5375 it might face more selling pressure.

RESISTANCE: It has first resistance close to the level of 5590 & above this level the next resistance is seen near the 5715 mark.
SUPPORT: It has first support close to the level of 5375 & below this level the next support is seen near 5300 mark.

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Nifty Technical outlook- 3rd Feb 2011

 Nifty future is moving under a tight range 5542-5411 from last 3 trading session and closed near to its support level. If Nifty future is manages to sustain below 5411 level it can take more down fall in coming trading session. One should adopt the strategy of sell at higher level. Support for Nifty Future is at 5400/5350 and it has Resistance at 5542/5622 levels.

RESISTANCE: It has first resistance close to the level of 5542 & above this level the next resistance is seen near the 5622 mark.
SUPPORT: It has first support close to the level of 5400 & below this level the next support is seen near 5350 mark.




   

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