Sunday 5 May 2013

Weekly Outlook

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.

1 comment:

  1. Markets Quantified
    NIFTY 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

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