BSE Sensex 18722.30
Major Support 18592 – 18415
Major Resistance 18765 – 18936 – 19131
NSE Nifty 5633.95
Major Support 5581 – 5532
Major Resistance 5654 – 5740
The indices managed to hold on to their ground throughout the last week. This is amidst good and bad numbers which were announced by companies. This indeed is a good sign for the markets as the indices try and create a base for themselves. Everybody who is absent in the markets are losing on a big opportunity coming their way. Be an investor but not a common one. If you do not prepare and practice for the war then when the actual action starts you would not perform. This is something which your common friends and colleagues need to understand. Coming back to technical levels watch support for the Sensex @ 18592 and for the Nifty @ 5581 levels. Above these levels the indices would continue to remain strong. Upsides are capped for now with major resistance coming in from a falling trend line. For the week watch immediate resistance @ 18765 for the Sensex and 5654 for the Nifty. Hold a scrip specific view…
No comments:
Post a Comment