Market is showing sustained weakness over the past few trading sessions.
Some major stocks have corrected more than 5%. However, Nifty has not shown any
significant correction in terms of price. Volatility continues to remain low.
Going forward, sentiment will continue to remain bearish for some more time.
Market may continue to slide down at snail's pace.
NIFTY 11-Feb-2013
ReplyDeleteCurrent Market Situation :
NIFTY current close : 5898
NIFTY resistance level : 5912
NIFTY support level : 5756
NIFTY sentiment : positive
NIFTY dominant cycle period : 17 days
Levels Tomorrow :
NIFTY intraday resistance 1 : 5923
NIFTY intraday resistance 2 : 5951
NIFTY intraday resistance 3 : 5992
NIFTY intraday support 1 : 5873
NIFTY intraday support 2 : 5845
NIFTY intraday support 3 : 5803
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