Tuesday, March 22, 2011

Stock trading tips | share market intraday tips | Stock market newslatter today's

Nifty Outlook
Trend: - Consolidate
Resistance: - 5440, 5540
Support: - 5375, 5300
Strategy: - Sell on highs 
Bank Nifty
Trend: - Consolidate
Resistance: - 10990 11180
Support: - 10690, , 10540
Strategy: - Sell on highs

Indian equity market up 1%, Nifty above5400; up 49 pts & Sensex up 149 pts.
GBP Core CPI y/y came up at 3.4 vs. 3.0% & RPI y/y up at 5.5% vs. 5.1%.
European markets were mixed with CAC leading, Dow future was up 35 pts.
Indian equity market ended up 1.0% due to positive global cues as Nifty gained 49 pts to end above 5400 at 5413 while Sensex was up 149 pts to settle at 17988. European markets were mixed despite positive economic data with FTSE was down 8 pts at 5779; CAC up 4 pts at 3908 and DAX was down 27 pts at 6790 pts. Dow future was up 35 pts.
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