The market hold the bullish trend of last trading session and today it closed with a positive manner. Today Sensex closed at 18,871.29 with +148.99 up points or 0.80% positive. And the Nifty closed at 5,680.30 with +46.35 positive points or up by 0.82%.
In Nifty technically the market is in a typically sideways zone with 5,580 as a strong support zone to work with and 5,770 as a strong resistance zone to work with.It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5,820 else below the support level of 5,580 it would be down trend.
RESISTANCE: It has first resistance close to the level of 5,770 & above this level the next resistance is seen near the 5,820 mark.
SUPPORT: It has first support close to the level of 5,580 & below this level the next support is seen near 5,525. mark.
Free Nifty Tips-
Maruti Suzuki India Ltd.
Buy Maruti Suzuki India above 1185,
Target: 1194-1205, Stoploss: 1169.
Buy Maruti Suzuki India above 1185,
Target: 1194-1205, Stoploss: 1169.
Reliance Communications Ltd.
Buy Reliance Communications above 108,
Target: 109-112, Stoploss: 104.
Buy Reliance Communications above 108,
Target: 109-112, Stoploss: 104.
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