With Reserve Bank of India meet on May 3rd turning out to be a non-event,
market for the coming week is likely to remain sideways.
Upcoming quarterly results, factory output data and global cues will determine
the trend of the Nifty in the coming sessions.
Markets Quantified
ReplyDeleteNIFTY 06-May-2013
Current Market Situation :
NIFTY current close : 5971
NIFTY resistance level : 6158
NIFTY support level : 5912
NIFTY sentiment : positive
NIFTY dominant cycle period : 14 days
Levels Tomorrow :
NIFTY intraday resistance 1 : 5996
NIFTY intraday resistance 2 : 6025
NIFTY intraday resistance 3 : 6067
NIFTY intraday support 1 : 5946
NIFTY intraday support 2 : 5917
NIFTY intraday support 3 : 5876
Markets Quantified