Tuesday 16 April 2013

Market Review

Just a couple of days back, Infosys had disappointed the markets.
But now, with positive inflation numbers, fall in gold, crude and some other
commodities' prices, sentiment has turned around.    The same has been
reflected in today's trade, with Nifty closing with strong gains.

If Reliance Industries Limited comes out with good Q4 numbers today,
the prevailing positive sentiment will receive a further boost causing Nifty to
possibly rally more in the coming sessions.

1 comment:

  1. NIFTY 16-Apr-2013
    Current Market Situation :

    NIFTY current close : 5689
    NIFTY resistance level : 5756
    NIFTY support level : 5589
    NIFTY sentiment : sideways
    NIFTY dominant cycle period : 13 days


    Levels Tomorrow :

    NIFTY intraday resistance 1 : 5713
    NIFTY intraday resistance 2 : 5740
    NIFTY intraday resistance 3 : 5780

    NIFTY intraday support 1 : 5665
    NIFTY intraday support 2 : 5638
    NIFTY intraday support 3 : 5598

    for more log onto
    Markets Quantified

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