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 Trend Tomorrow 13 Feb 2013

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The Sensex snapped an eight-session losing streak on Tuesday, climbing 100.47 points to close at 19561.04 even as industrial output and inflation numbers for December underscored the weakness in the economy. Dealers attributed the today’s rebound in share prices to short covering of derivative positions and said near term outlook remained cautious. The Nifty closed at 5922.50, up 24.65 points over the previous close.

Unitech and DB Realty shares plunged about 18 percent each following reports of collusion between the CBI prosecutor and the company officials to sabotage the investigation of the 2G scam. Overall, investors continued to ignore second line shares and chose to nibble at frontline stocks which perceive to be more reliable in a bearish market.

ONGC led gainers in the Nifty and Sensex, with the stock climbing nearly 4 percent on better than expected third quarter earnings. While net profit fell 17.5 percent, the numbers were better than what most analysts had expected.

Nifty Levels Tomorrow : Nifty Support and Resistance

Nifty Trend : Nifty Expected trend is rangebound for tomorrow's session.

Nifty Levels :- Support of nifty is marked near 5900-5820 and the resistance level is expected at 6000

Free Trial Stock Tips For Tomorrow 13 Feb

JINDALSTEL sell signal - buy above level is 445

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