Nifty ( Closing ) : 5416.05
TREND FOR 15/02/2012
Nifty Resistance Levels : 5444-5465-5494.
Nifty Support Levels : 5378-5349-5328.
Market is bullish .
Short / Middle Term Target for Nifty : 5490-5530.
Nifty increased 26 points and closed at 5416.05. Capital Good Sector was the most gaining sector today . Inflation decreased to 6.55% in January due to the fall in food price index. It makes the possibility to cut the interest rates by RBI . If it happens, it will fuel the fund inflow and thus, vibrations in corporate institutions as well as economic status of the nation.
Over and above, it is remarkable that Indian indices closed in green when most of the European and Asian market showed a depression.
GOOD LUCK....
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