|
Market
Outlook:
The markets recovered from the days low and
ended in green. All the major sectoral indices ended in green, Oil
& Gas and Realty counters being the highest gainers.
Nifty:
Nifty recovered from the days low and ended
in green. The 20 DMA at 5986 will act as an immediate support for
Nifty and a close below this level will further drift Nifty lower to
test 5920/5900 levels. Major sign of weakness can be seen only if
Nifty closes below 5920/5900 levels until then expect consolidation
to continue amid high volatility. Resistance is seen at 6050/6080
for Nifty.
Support:
Major support level 6000/5980.
|
