Wednesday, March 9, 2011

Today's stock market news 10 march 2011 | stock market strategy on 10 march 2011, Bank nifty tips


NIFTY SUPPORT AND RESISTANCE
Trend- Consolidation
Support 1- 5565
Support 1- 5540
Resistance 1- 5490
Resistance 1-5440
Strategy- Sell On High
BANK NIFTY SUPPORT AND RESISTANCE
Trend- Consolidation
Support 1- 11160
Support 1- 11300
Resistance 1- 10920
Resistance 1- 10790
Strategy- Sell On High

 Indian market up marginally; Nifty holds 5500, up 10 pts & Sensex up 30 pts.
EUR German industrial production m/m came as expected at 1.8 vs. (-) 0.6%.
European markets were mixed with DAX & CAC up, Dow future was up 42 pts.
Indian equity market ended marginally up with Nifty holding the key level of 5500.
Nifty added trivial 10 pts to end at 5531 while Sensex gained 30.3 pts to settle at 18469.
Euphoria were mixed with DAX up 36 pts at 7201, CAC 14 pts at 4030 on healthier
German industrial production, while FTSE was down 10 pts. Dow future was up 42 pt
Gold was little changed on Wednesday 9 march 2011 as investors booked profits, erasing earlier
gains driven by intensifying political unrest across North Africa and the Middle East and
renewed worries over euro zone debt. Copper fell on Wednesday as strengthening
crude oil prices kept investors worried that inflationary pressures could hit economic
MCX Commodity Tips In FREE

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