MAJOR RESISTANCE LEVELS: 6076-6095-6127
MAJOR SUPPORT LEVELS : 6029-6002-5979
MIDDLE TERM TARGET : 5760-5790
Nifty closed in green with 0.54% gain. Cement Stocks showed a good demand among the buyers. AMBUJACEMENT and ULTRACEMENT were included in NSE top gainers list.
Nifty ( closing ): 6056.60
Nifty closed at bullish zone. But, positions should be taken carefully today as it is difficult to predict the movement of nifty for the day.
MACD and RSI indicates neutral trend. On the other hand, Stochastic and Moving Averages depicts bullish trend. Upper Bollinger Band stands ( at 6063) just above the closing level of the previous day. Middle Bollinger Band lies at 5948.
Global markets expressed a mixed trend with slight variations. Brent Crude prices decreased by 1.22%. Rupees showed weakness against Dollars.
India VIX closed at 13.58 with 0.88%.
GOOD LUCK.....................
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