Friday, March 15, 2013

NIFTY TODAY: EPISODE 244

                                              NIFTY TODAY: EPISODE 244



MAJOR RESISTANCE LEVELS: 5851-5999-6081
MAJOR SUPPORT LEVELS       : 5835-5752-5707


Indian markets closed with gains yesterday. Nifty gained 58 points ( 0.99%) on Thursday.


Nifty (closing): 5908395


Nifty closed at a neutral zone last day. It may move at any direction. But, it will be in green at opening. Both long and short positions should be taken carefully.


MACD indicates bullish trend. RSI and Stochastic depict a neutral trend. Upper Bollinger Band is at 6008 and Middle Bollinger Band at 5850.


Asian and European markets closed positively last day. Asian markets are trading with gains right now. Brent Crude prices increased slightly. Rupees lost it's strength against Dollars.


India VIX closed at 14.66 with 1.54 point (9.51%) gain.



GOOD LUCK.................

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